Latest Iron mining Stories
Revenue for the Global Iron Ore Mining industry has been growing at double-digit rates over the past five years. Strong growth in iron ore demand until 2009 caused producers to scramble to lift output, both by expanding existing mines and committing to new mine developments. As a result, steel producers, faced with rising iron ore prices over the past few years, are taking a renewed interest in acquiring iron ore assets. Trends in steel production and the supply and demand position for iron...
New market study “Iron Ore Mining Market in Europe to 2020 - Abundant Reserves and Global Demand for Steel Likely to Drive Production” prepared by GBI Research has been recently published by Market Publishers Ltd. According to the report, recent developments in the global iron ore market, driven primarily by the rapid industrialization of China, mark the beginning of deep changes in the structure and dynamics of the market and are putting steelmakers´ profitability at risk....
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