Iron-Ore 2023/24: Bracing for change with prices breaching the $3

with prices breaching the $3 200/oz mark for the first time

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Iron-Ore 2023/24: Bracing for change with prices breaching the $3One of the great commodity runs of the twenty first century, is coming to an end, chairperson, chief analyst and author of The Edge, Simon Flowers, has said about the iron ore boom of the past 20 odd years. He avers that demand has more than doubled since 2000, but that the industry is bracing for structural change as Chinas demand wanes and global steelmakers transition to greener feedstocks. Slowing Chinese demand growth will primarily drive lower