Cryptocurrency Q&A What is the outlook for cru iron ore market?

What is the outlook for cru iron ore market?

HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Fri Nov 08 2024 | 7 answers 1351
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. What is the outlook for cru iron ore market?

7 answers

GliderPulse GliderPulse Sun Nov 10 2024
CRU has made a forecast regarding Asia's iron ore demand.

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CryptoKnight CryptoKnight Sun Nov 10 2024
According to their predictions, the demand for iron ore in Asia will witness a significant decline.

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Giuseppe Giuseppe Sun Nov 10 2024
Between the years 2023 and 2028, the total decrease in demand is expected to be 158 million tonnes.

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SsamziegangSerenadeMelodyHarmonySoul 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.

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GyeongjuGloryDaysFestivalJoy 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.

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