Tag: Global seaborne iron ore trade

The global iron ore trade is subject to demand and supply. World iron ore trade increased rapidly during Jan-Aug’16. In 2014, the seaborne iron ore trade increased by 12% to 1,356 MnT; grew further by 5-6%, reaching 1,407 MnT in 2015. Considering the Top 5 world’s iron ore exporters, total 35 MnT additional quantity of…