Mineral markets have tightened over the last few months and the outlook for Australian iron ore exports has improved, reports the Office of the Chief Economist in the December edition of the “Resources and Energy Quarterly”.
A key indicator: steel
As every 1,000 kilograms of steel requires 1,400 kilograms of iron to make, global steel production and...
https://shippingaustralia.com.au/near-term-outlook-for-australian-iron-ore-exports-improves/