London, UK (PRWEB) May 25, 2015
The performance of the global iron ore market is highly dependent on the demand from the steel industry. The global steel industry is the main end-use sector for iron ore. During recent years, world prices for iron ore followed a downward trend, owing to surplus of iron ore stocks, along with the falling demand for the product in China.
At present, China takes lead in the global iron ore market in terms of output volume; the country holds a 45% share of the world's total supply. Australia and Brazil are also important producers of iron ore, these countries account for shares of 18% and 13.5% of the world's supply volume, respectively. The three top leading manufacturers of iron ore contribute about 76% to the global iron ore output.
In-demand research report “Iron Ore: 2015 World Market Review and Forecast” elaborated by Merchant Research & Consulting Ltd, has been recently published on the company's website.
Title: Iron Ore: 2015 World Market Review and Forecast
Published: April, 2015
Price: US$ 1,150.00
The in-demand research report draws a comprehensive picture of the global iron ore market scenario. The study comprises a detailed product profile, analyses the key properties and characteristics of the product and reviews the production process. Moreover, the publication offers an insightful analysis of the current state of the market, including data on the main geographical areas and facts about the market’s historical background. Additionally, the information on iron ore demand, consumption, output, capacities, price fluctuations is at hand. The report also examines the key iron ore market growth drivers alongside challenges and restraints. Thorough overview of the competitive landscape in the market is also at hand with an access to the major iron ore manufacturers’ profiles. Besides, the study includes a granular global iron ore market forecast up to 2019.
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