22
Sep
14:08
CISA fears iron ore market concentration
Amid stalling global steel demand growth and the decline in Chinese demand, iron ore supply is becoming increasingly concentrated, notes Wang Liqun, chairman of the China Iron and Steel Association (CISA). Increasing concentration in the iron ore sector could pose a threat to steelmakers as each segment of the chain defends it margins, Kallanish notes.
Steady global steel demand means miners are now competing for something for which the requirement is relatively…
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Anonymous
Very good overview of the weekly steel market.
Anonymous