China-Australia relations: global iron ore market to ‘remain robust for some time’, says Fortescue CEO

//China-Australia relations: global iron ore market to ‘remain robust for some time’, says Fortescue CEO

China-Australia relations: global iron ore market to ‘remain robust for some time’, says Fortescue CEO

The global iron ore market is likely to remain robust for some time, given supply concerns and stronger-than-usual demand from top consumer China, Fortescue Metals Group CEO Elizabeth Gaines said on Thursday.“Not only in China, but the ex-China activity is also picking up to pre-Covid levels,” she said. “Our view is that the market will remain robust for some time.”In China, activity rates did not slow as much as is normal for the Lunar New Year because not as many workers returned home, she…

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By | 2021-02-18T05:18:01+00:00 February 18th, 2021|Headlines|Comments Off on China-Australia relations: global iron ore market to ‘remain robust for some time’, says Fortescue CEO