Steel and iron ore market outlook Dr Huw McKay Vice President, Market Analysis and Economics Dr Rod Dukino Vice President, Sales and Marketing Sustainability ... Net exports: direct and indirect, % output Iron ore: domestic & imported sources Scrap import dependency Source: World Steel, United Nation, Global Trade Atlas, BHP analysis ...
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from a subdued outlook for Mainland China amid its sluggish property sector. •Iron ore prices are likely to remainhighly sensitive to potential stimulus ... be crucial in determining whether it can turn the tide for the iron ore market. Prices Trading Lower As Mainland Chinese Stimulus Falls Short Iron Ore Prices & BMI Forecasts, USD/tonne ...
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What Is The Iron Ore Market Size 2025 And Growth Rate? The iron ore market size has grown strongly in recent years. It will grow from $446.2 billion in 2024 to $484.3 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%.
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It is expected to reach USD 392.11 billion in 2032, growing at a CAGR of 2.7% over the forecast period (2024-32). Economic growth, industrialization, and urbanization in emerging markets drive demand for steel and, consequently, iron ore.
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4.3 Market size 2024 4.4 Market outlook: Forecast for 2024-2029 Chart on Global - Market size and forecast 2024-2029 ($ billion) ... The Iron Ore market is an integral part of the Iron and Steel industry. It is a commodity market, where iron ore is traded in the form of ore, pellets, and concentrates. ...
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High-grade sintering fines supply outlook. Market participants believe the high-grade iron ore fines market will remain under pressure this year with sufficient supply. The port inventory for high-grade iron ore fines remains high at the Chinese portside market, which limits the price difference between high-grade and mid-grade fines, sources said.
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As economies expand, more robust infrastructures are required, thereby increasing the demand for iron ore. Major consumers like China and India play a pivotal role in this …
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As the industry transitions from nickel-manganese-cobalt (NMC) batteries to lithium-iron-phosphate (LFP) batteries, which eliminate the need for cobalt, usage of the metal has decreased. ... S&P Global notes that the outlook for nickel's market balance improved over 2023 due to a rapid increase in Indonesian production, which grew from 1.16 ...
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The iron ore production is 2,605.3Mt in 2024 with Brazil, China, Russia, India, and Australia being the key contributors. The iron ore production is expected to grow at a CAGR of more than 2% over the forecast period. The iron ore mining market research report provides a comprehensive coverage on the Global iron ore mining industry. It provides historical and …
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The iron ore market in the United States is expected to reach a projected revenue of US$ 5,024.7 million by 2030. A compound annual growth rate of 4.9% is expected of the United States iron …
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Overall, while market volatility is likely, Australia's iron ore industry is poised to maintain its critical role in global supply chains in 2025. Gold Australian gold producers are likely to benefit from sustained investor interest in gold as a hedge against inflation and economic instability, particularly if interest rates remain high globally.
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Iron Ore market review - trends and forecast, resources worldwide, world and country production and consumption, manufacturers, export and import, prices. ... North Korea Iron Ore Market Outlook 2025. Apr, 2025: 26: US$ 1,050.00: Peru Iron Ore Market Outlook 2025. Apr, 2025: 30: US$ 1,050.00: Russia Iron Ore Market Outlook 2025. Apr, 2025: 30:
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Indonesia Iron Ore Market Competition 2023. Indonesia Iron Ore market currently, in 2023, has witnessed an HHI of 5724, Which has increased moderately as compared to the HHI of 4884 in 2017.
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McCallion notes that the market will rebound and more iron ore mines will need to come online with China's appetite for Australia's iron ore to return. China has a huge influence on the state of the sector in Australia. It is the largest consumer of iron ore and brought in a record 1.24 billion tonnes in 2024.
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Beneficiation has become a cornerstone of modern mining, particularly in the iron and steel industry. This critical process involves improving the quality of raw iron ore by removing impurities ...
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Expert industry market research on the Iron Ore Mining in Australia (2014-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. ... Industry outlook (2025-2030) Market size is projected to decline over the next five years.
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In the long term, China's demand for iron ore will shrink by 590 Mt (2024-2050). While additional supply from Simandou will contribute to an oversupplied market, pressuring prices lower, demand for direct charge ores and high-grade fines will increase, and quality differentials will widen to meet the needs of steel decarbonisation.
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Summary and Iron Ore Outlook. By taking in the entire supply chain, from upstream mining to downstream steelmaking, we can better understand Australia's place in the iron ore market. ... And with a hundred-plus history of success behind it, you wouldn't want to bet the house on the iron ore industry disappearing from the stage just yet. ...
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India Iron Ore Market Synopsis . The India iron ore market is expected to witness a CAGR of around 7.6% during the forecast period 2025-2031. India is one of the major producers and exporters of iron ore in the world, with large reserves available in Karnataka, Jharkhand, Chhattisgarh, Telangana and Goa States.
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India's iron ore production is 290.5Mt in 2024. The market will grow at a CAGR of more than 3% during 2024-2030. The India iron ore mining market growth will be driven by the rise in steel demand resulting from a strong pipeline of infrastructure projects supported by government funding. The India iron ore mining market research report provides …
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Industry Credit Outlook 2025 Contacts Don Marleau, CFA Toronto +1 416 507 2526 donald.marleau@spglobal Annie Ao Hong Kong +852 2533 3557 annie.ao@spglobal ... By comparison, that 90th percentile cost for iron ore rose only 20% over five years to $90/tonne. Hence, the dollar value of the fuel/energy component in a unit of steel
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Iron ore outlook reports. Stay ahead of the industry with iron ore outlook reports covering the short-term and long-term forecast. Empower business decisions with trusted data and cutting-edge analysis into the iron ore market. Our experts at Wood Mackenzie are renowned for their knowledge of the iron ore forecast. Purchase by credit card or ...
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outlook for iron ore. We believe iron ore remains dependent on economic stimulus from China. With the recovery path ... Until the market sees signs of a sustainable recovery and economic growth in China, we think we'll struggle to see a long-term move higher for iron ore prices. THINK economic and financial analysis Article | 11 December 2024 4
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Oversupply in the iron ore market will continue to suppress prices through 2025, market participants told Fastmarkets in the week to Friday February 21, piling pressure on mining majors such as Vale and Rio Tinto, which were both affected by falling prices in 2024.. Vale turns to blending. Brazilian iron ore mining major Vale's earnings before interest, taxes, depreciation …
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Manthey remains cautious about the outlook for iron ore in 2025. ... the supply side of the iron ore market is relatively stable. Major producers like Vale, Rio Tinto, BHP, and Fortescue have ...
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Premium and discount for high/low grade iron ore (US$/t and %) Iron ore lump premium; Blast furnace pellet premium; Overview of global steel and iron ore market; China key demand data; JKT demand dynamics; Korean iron ore demand to overtake Japans' S.E.Asia Iron ore consumption; Indonesia to gain share in S.E.Asia; 33 more item(s)...
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The iron ore market in the United States is expected to reach a projected revenue of US$ 5,024.7 million by 2030. A compound annual growth rate of 4.9% is expected of the United States iron ore market from 2025 to 2030.
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Even the futures market seems to be endorsing this bearish outlook for iron ore. Iron ore futures continued to decline in the first week of January, reaching their lowest level in over a month on ...
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In this article, I've summarised some key takeaways for the most high-profile commodities including iron ore, copper and uranium. While these forecasts tend to be conservative, they've proven reliable in predicting market …
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The global iron ore market size was estimated at USD 289.72 billion in 2023 and is expected to grow at a CAGR of 1.4% from 2024 to 2030
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The Iron Ore Quarterly Report provides a detailed analysis of the latest developments, structural trends and risks to price outlook, with both long- and-short term views formed by our expert commodities team:. Production – Key views and analysis on the outlook for global production growth including the impact of a global slowdown in mining capital expenditure.
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Watch: Iron Ore Outlook. 09 March 2023. Author. Erik Hedborg, Kearney-Keaveny. Iron Ore. Want to read more? Register to continue reading and gain access to all CRU articles ... Vales dam accident to have significant impact on the iron ore market. 11 February 2019. Article Preparing clients for future uncertainties using scenario analysis ...
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1. Introduction. Brief overview of iron ore as a crucial commodity in the global steel industry. Importance of understanding iron ore price trends for stakeholders including producers, consumers, and investors.; Objectives of the report: to analyze historical trends, understand market dynamics, and provide forecasts for the future.
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*India's finished steel consumption stood at 119.17 MT in FY23, 138.5 MT in FY24 and 111.25 MT in FY25*. * The Indian Steel Association (ISA) anticipates that the steel requirement will reach 128.9 MT in the 2023-24 period, showing an increase from 119.9 MT in the preceding year. * India's domestic steel demand is estimated to grow by 9-10% in FY25 as per ICRA.
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1.2. Global Iron Ore Market Trends. World Iron Ore Reserves, 2024. World Iron Ore Production in 2019-2024. World Iron Ore Demand in 2019-2024. 1.3. Iron Ore Prices in the Global Market 2. Iron Ore ...
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The global iron ore market size was valued at USD 279.35 billion in 2023 and is projected to grow from USD 290.25 billion in 2024 to USD 397.98 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. Asia …
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The iron ore market size is forecast to increase by USD 60.9 billion at a CAGR of 3.3% between 2024 and 2029. The market is experiencing significant growth, driven primarily by the increasing consumption of high-strength iron ore in the …
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Industry revenue has been increasing at a CAGR of 1.6% over the past five years to account for an estimated $299.1 billion in 2024, including an estimated decrease of 2.8%. Higher prices …
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The report provides 2024 Iron Ore market sales data at the global, regional, and key country levels with a detailed outlook to 2031 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan …
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