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Iron ore material moved falling in China but rising elsewhere

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Total material moved in the iron ore industry will remain stable out to 2025. Consequently, demand for inputs such as explosives and mining equipment should also be flat. But this stability masks differences across markets. We expect a 30% decline in material moved in China's iron ore industry while material moved elsewhere continues to grow. The decrease in China may lead to domestic equipment manufacturers to target international markets in a bid to maintain sales.

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Tables and charts

This report includes 2 images and tables including:

  • Global iron ore material moved
  • Iron ore material moved (excluding China)

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  • Document

    Iron ore material moved forecast.xlsx

    XLSX 275.42 KB

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    Iron ore material moved falling in China but rising elsewhere

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    Iron ore material moved falling in China but rising elsewhere

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