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Supply or Demand: What Will Weigh on Iron Ore Prices More?

Anuradha Garg
Supply or Demand: What Will Weigh on Iron Ore Prices More?

Tighter environmental controls are pushing Chinese mills to go for higher-quality imported ore as opposed to domestic ore. Seaborne iron ore exporters including Vale (VALE), BHP Billiton (BHP), and Rio Tinto (RIO) generate more than two-thirds of the total seaborne iron ore supply.