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African Iron Ore Producers Poised to Benefit From Supply Constraints Brought on By Disruptions in Australia and Brazil

by Eric Olander
File image of the Pilabra iron ore mine in Western Australia.

Strong demand from Chinese steel mills, combined with supply disruptions in two of the world’s largest iron ore producing countries, Brazil and Australia, will help to maintain near record-high ore prices, according to analyst forecasts.

Chinese buyers may turn more to African producers like South Africa, Guinea, and even smaller exporters like Sierra Leone to make up for some of the supply reductions elsewhere. (FINANCIAL TIMES)

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