creamer media

While analysts and other stakeholders differ on their forecast for the average iron-ore price in 2015, there is consensus that the oversupply caused by increasing output, mainly from major producers, and slowing demand growth from number-one consumer China, will result in the commodity averaging $70/t or lower this year.

Like producers of other commodities, iron-ore miners, are adjusting to the reality that the peak years of a commodity supercycle, driven by a robustly growing China, might be over. Given that the Asian giant produces more than half of the world’s steel and that about 98% of iron-ore is used in steelmaking, no commodity is more exposed than the ferrous mineral to the deceleration in Chinese economic growth.

Creamer Media’s Iron-Ore 2015 report provides an overview of the global iron-ore market, with particular reference to pricing, supply and demand, as well as the trade in iron-ore. It provides information on not only the major mergers and acquisitions, and the trade of iron-ore in the sector, but also the major global iron-ore producing companies and other significant producers.

This report further provides an overview of South Africa’s iron-ore market and its major producers.

The report is a summary of information published in Engineering News and Mining Weekly, as well as of information available in the public domain, and does not purport to provide an analysis of market trends.

Published on: 24 April 2015.