Tag: Global Iron Ore
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Supply pressure weighs on global iron ore market in Q1 2022; outlook remains weak
Australia leading exporter despite drop in shipments Seasonal factors impact Brazilian supplies Steel production outlook bleak in China The global iron ore (including pellets) trade scenario was marked by marginal supply tightness in the first quarter (Q1) of 2022 due to a wetter-than-usual monsoon season in Brazil and after Russia’s invasion of Ukraine further tightened…