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26 Sep
11:05

MMAC: Global iron ore market balances to 2035

The Metallurgical Mines’ Association of China (MMAC) said on 26 September that global iron ore supply and demand are expected to keep in balance during 2020 to 2035. MMAC said at the 19th China International Steel & Raw Material Conference that the iron ore supply increases in the following years will be lower than the steel demand increase globally. The main consumers are Asian countries, and thus miners in Australia and South America could …
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