Insight
Iron ore: 5 things to look for in 2018
Report summary
Iron ore's big drivers in 2017, Beijing's supply side reforms and commitment to maintaining stable growth ahead of the Party Congress, will have a less pronounced impact in 2018 than 2017. Our price forecast for iron ore is $63/t CFR, 12% below last year's average of $71/t. But 2017 was full of positive "surprises" and risk to our 2018 forecast for Chinese steel and seaborne iron ore is currently on the upside. In this note we highlight five key issues for iron ore in 2018.
Table of contents
- Executive summary
- Environmental pressure to intensify
- Steel restructuring - shutdowns and swaps
- Supply side response to widening price spreads
- A turning point in the investment cycle
- Tightening industry structure but potential margin compression
Tables and charts
This report includes 1 images and tables including:
- Iron ore: 2017 scorecard
What's included
This report contains:
Other reports you may be interested in
Insight
China's commodity markets: 5 things to look for in 2017
We look ahead to what 2017 could have in store for China's commodity markets and discuss five factors that could surprise the markets.
$950
Insight
2024 guidance: upstream companies' capital budgets and production targets
Rolling company guidance tracker with 2024 investment plans and volume targets
$1,350
Insight
Lithium and cobalt: what to look for in 2019
In this report we look at some of the key events of 2018, and what to expect this year in the lithium and cobalt sectors.
$1,050