Iron ore may face demand question for the first time in decades
- Chinese domestic mining remains suppressed
- Steel production remains down in 2025 amid domestic headwinds
- Smaller ore suppliers will come under pressure if prices are lowered to retain demand
Until now, miners have only faced one question: how much can we get out of the ground and on to ships? But with question marks hanging over long-term Chinese macro factors, Swissmarine’s Peter Weernink explains demand might become part of the iron ore equation for the first time
