The global economy: steel, iron ore, and crude oil



You can pay by card or invoice



You can pay by card or invoice

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

Report summary

Wood Mackenzie's chief economist, Ed Rawle, presented to South America's largest mining conference - the Brazilian Mining Congress, in September. He touched on the global economy and the market outlooks for iron ore, steel, and crude oil. On the global economy, he outlined our expectations for meagre consumption growth over the next 20 years, the imminent peak in emerging world middle-class growth, and China's property sector slowdown. The outlooks for iron ore and steel were also presented, specifically the possibility of a two-tier market in iron ore, and peak demand in steel. This Insight also touches on our crude oil price outlook, highlighting the mid-term uncertainty facing US supply and the possible ramifications for price.

What's included

This report contains

  • Document

    The global economy steel, iron ore, and crude oil.pdf (1)

    PDF 2.70 MB

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898