Chinese property boom great for SA iron ore exports | City Press

South Africa News News

Chinese property boom great for SA iron ore exports | City Press
South Africa Latest News,South Africa Headlines
  • 📰 City_Press
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

South Africa benefits greatly if the property and construction sectors in China do better, because these sectors are among the biggest drivers of demand for iron ore, one of this country’s most important exports

Anchor expects iron ore to trade between at $90 and $110 per ton this year, but it will not reach the 2021 record prices of up to $219 a ton. If iron ore prices stay where they are now, the mining houses could do well.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

City_Press /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Cannabis Industry Plans for South Africa Have Stalled - How to Get Them Moving AgainSouth Africa: Cannabis Industry Plans for South Africa Have Stalled - How to Get Them Moving AgainAnalysis - South African president Cyril Ramaphosa recently reiterated plans to accelerate the commercialisation of hemp as well as cannabis plants. His speech setting out government's priorities for 2023 was a reminder of a pledge in 2022 - also in his state of the nation address - that the government would mobilise investment in the hemp and cannabis sectors.
Read more »

Africa: Working Towards Doing More Sustainable, Constructive Journalism Grounded in AfricaAfrica: Working Towards Doing More Sustainable, Constructive Journalism Grounded in AfricaIn the face of unprecedented environmental, social, and economic challenges, a new understanding of the role of journalism in society is essential.
Read more »

HUMAN RIGHTS REFLECTION: Simple #ActsofGoodness can change the future of children in South AfricaHUMAN RIGHTS REFLECTION: Simple #ActsofGoodness can change the future of children in South AfricaMaurice Maeterlinck was right when he said: ‘An act of goodness is of itself an act of happiness. No reward coming after the event can compare with the sweet reward that went with it.’ Our support to a primary school in Mamelodi, linking it with a private school in Pretoria, proved that people want to overcome social injustice.
Read more »

South Africa: Thabo Bester Ran a Glamorous Media Company From PrisonSouth Africa: Thabo Bester Ran a Glamorous Media Company From PrisonThabo Bester Ran a Glamorous Media Company From Prison GroundUp_News: SouthAfrica
Read more »

Uncovering South Africa’s R450bn hidden gold mineStellenbosch geometallurgist Steven Chingwaru believes there’s 420t of ‘invisible gold’ in tailings dumps on the Witwatersrand. If so, it could be the world’s largest invisible gold resource
Read more »

DINNER PARTY INTEL: South Africa’s chopper heroes do it againAn SAAF crew rescued a man in difficult and dangerous conditions after tropical cyclone Freddy.
Read more »



Render Time: 2025-02-23 04:01:01