DUBLIN, Jan. 12, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2qwgk4/global_iron_ore) has announced the addition of the "Global Iron Ore Market 2015-2019" report to their offering.
The market report predicts the global iron ore market to grow at a CAGR of around 3% during the forecast period.
Chinese iron ore output is placed on the higher side of the cost curve ($110+ per MT) compared to Australia, Brazil, and Canada on an average of $45 to $80 per metric tons.
Hence, the decrease in iron ore production in China, as a result of the depletion of mines and the presence of lower-cost production capacities in other regions, has led to an increase in seaborne trade flows to meet demand. Australia is the major supplier of seaborne iron ore. Another trend witnessed in the market are the restrictions in iron ore exports.
According to the report, primarily, iron ore is consumed in the manufacturing of steel. Thus, growth in the construction, automotive, and other end-use industries is one of the major drivers contributing to the growth of the global iron ore market. Almost 98% of the iron ore mined is used in the process of steel making.
Further, the report states that one of the major challenges is the volatility in iron ore prices. Price is a major determining factor for many end-users because of budget constraints. Price volatility of essential raw materials directly impacts the revenues and profits of the manufacturer.
Key questions answered in the report include:
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global iron ore market?
- What are the Key Market trends?impacting the growth of the global iron ore market?
- What are the challenges to market growth?
- Who are the key vendors in the iron ore market?
- What are the market opportunities and threats faced by the vendors in the iron ore market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA?
- What are the key outcomes of the five forces analysis of the global iron ore market?
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global crude steel industry
PART 06: Market landscape
PART 07: Global iron ore market
PART 08: Market segmentation by form
PART 09: Market segmentation by grade
PART 10: Geographical segmentation
PART 11: Key leading countries
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Key vendor analysis
Companies Mentioned Include:
- BHP Billiton
- China Minmetals
- Fortescue Metals
- Rio Tinto
- African Minerals
- Anglo American
- ArcelorMittal Brasil
- ArcelorMittal Canada
- Atlas Iron
- Bahia Mineracao
- BC Iron
- CITIC Pacific
- Cliffs Natural Resource
- China Metal Products
- CVG Ferrominera Orinoco
- Eurasian Natural Resource
- Ferrous Resources
- (20+ Others)
For more information visit http://www.researchandmarkets.com/research/2qwgk4/global_iron_ore
Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets