The re-emergence of Covid-19 curbs in China and a deepening crisis in its real estate sector have been among the factors hindering iron-ore demand growth in 2022.
However, Australian iron-ore producer Fortescue Metals contends that global market conditions remain supportive of iron-ore, as Chinese industrial activity is expected to increase in the coming months. Fortescue Metals also believes that such strong demand for iron-ore will benefit producers amid global supply constraints, owing to the prevailing conflict in Ukraine.
Creamer Media’s ‘Iron-Ore 2022: Mixed fortunes’ report considers the impact of conditions in China and the conflict in Ukraine on the global iron-ore sector, providing an overview of the sector, including efforts to decarbonise. This includes the major global and South African iron-ore producers’ response in the current environment.
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