Chinese seaborne iron ore demand forecast 2011-2017
This statistic represents a forecast of China’s seaborne iron ore demand between 2011 and 2017. China’s seaborne demand of iron ore was expected to amount to around one billion metric tons in 2017. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel. In terms of domestic production, China mined 1,459.5 million tons of iron ore between March 2015 and March 2016.
