Iron ore steels for a fall as China growth eases

Iron ore prices have staged a strong rebound since falling last autumn to their lowest level since the global financial crisis in 2009, but analysts expect prices to edge moderately lower in the next few years on slow Chinese demand and addition of new supply.

The key swing factor for prices is the degree to which new mining projects are cut back, delayed or cancelled.

On the demand side, analysts generally agree that China's iron ore consumption is unlikely to return to the high growth rates of the past.

via Business feed http://www.scmp.com/business/commodities/article/1223114/iron-ore-steels-fall-china-growth-eases