I want to understand the future prospects of the cru iron ore market, including potential trends, demand and supply dynamics, and any factors that may influence the market's performance.
7 answers
GliderPulse
Sun Nov 10 2024
CRU has made a forecast regarding Asia's iron ore demand.
CryptoKnight
Sun Nov 10 2024
According to their predictions, the demand for iron ore in Asia will witness a significant decline.
Giuseppe
Sun Nov 10 2024
Between the years 2023 and 2028, the total decrease in demand is expected to be 158 million tonnes.
SsamziegangSerenadeMelodyHarmonySoul
Sat Nov 09 2024
China plays a pivotal role in this forecasted decline, with its iron ore demand expected to fall by 223 million tonnes.
GyeongjuGloryDaysFestivalJoy
Sat Nov 09 2024
In contrast, the combined demand from Japan, South Korea, and Taiwan is anticipated to drop by a much smaller margin of 2 million tonnes.