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)
Lead the Conversation on China
Subscribe Today to Get Full Access to The China-Global South Project
The China-Global South Daily Brief delivered to your inbox at 6AM Washington time
Full access to exclusive news and analysis from editors based in the Global South
Transcripts of CGSP’s twice-weekly podcasts