UBS says iron ore consensus is too low: What it means for BHP, RIO and FMG
UBS raised its long-term iron ore price forecast to $93/tonne, citing resilient steel demand outside China, slower supply growth, and industrialization in developing nations. The bank adjusted price targets for BHP, Rio Tinto, Fortescue, Mineral Resources, and Champion Iron, with only Mineral Resources and Champion Iron receiving 'Buy' ratings.



