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Iron ore: Down, but not out

Not quite boom to bust for steel raw material in 2017

Daniel Gleeson
It could be replacement – not additional – tonnes at Vale's new S11D mine in Carajas, Brazil (photo: Ricardo Teles)

It could be replacement – not additional – tonnes at Vale's new S11D mine in Carajas, Brazil (photo: Ricardo Teles)

Falling demand growth from China, an uptick in steel recycling and rising supply from the biggest producers in the world all led the steel raw material lower in 2015, exiting the year priced at US$42.9...

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