Iron ore prices have fallen by nearly 20% since the beginning of this year, despite still strong Chinese imports. Prices may recover somewhat as we move into the second quarter, a time of seasonal strength in China’s steel output. However, a surge in new low-cost supply this year and slower growth in China’s demand suggests that prices will continue to fall in the second half.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services