• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • NORTH AMERICA EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • NORTH AMERICA EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    iron investing

    Iron Ore Miners Say Market Will Remain Tight

    Investing News Network
    Feb. 28, 2012 02:17PM PST
    Base Metals Investing

    Reuters reported the global iron ore market will remain tight until later in the decade because increased capital costs could delay some new projects.

    Reuters reported the global iron ore market will remain tight until later in the decade because increased capital costs could delay some new projects.

    As quoted in the market news:

    Global iron ore demand, chiefly driven by top importer China, has been outpacing supply, and many analysts have predicted the seaborne market will start to be oversupplied by 2014 or 2015 because of massive expansion by top miners Vale , Rio Tinto and BHP Billiton.

    Between them, the Big 3, which control around two thirds of the 1-billion-tonne global seaborne market, are planning to ramp up output by more than 300 million tonnes over the next three years.

    Click here to read the full Reuters report.

    iron investingchina
    The Conversation (0)

    Go Deeper

    AI Powered

    Iron Ore Falls on Projected Surplus

    Iron Ore Traders Wait and See

    Latest News

    Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through and Non-Flow-Through Units

    FALCO ANNOUNCES CLOSING OF BOUGHT DEAL PRIVATE PLACEMENT

    Completes Two Pools Gold Acquisition

    AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)

    CoTec Commissions BBA to Lead Feasibility Study for the Lac Jeannine Iron Tailings Recovery Project

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Cyclone Metals

    CLE:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES