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Further falls in store for iron ore amid falling demand

This year’s falls in iron ore prices are likely to have been a dress rehearsal for what's ahead. Our China team’s forecast for the property sector to halve by the end of the decade does not bode well for iron ore producers’ plans to ramp up production. What's more, China's push to control emissions from the steel industry means that iron ore consumption is set to fall even quicker than steel production.

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