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McKinsey sees sizeable dent in iron ore supply

US research and consulting firm McKinsey & Co estimates iron ore production disruptions that have helped create an almost perfect storm for Australian producers amid the coronavirus economic carnage building around the world could hit 5% of world supply this year.

McKinsey sees sizeable dent in iron ore supply McKinsey sees sizeable dent in iron ore supply McKinsey sees sizeable dent in iron ore supply McKinsey sees sizeable dent in iron ore supply McKinsey sees sizeable dent in iron ore supply

McKinsey & Co's Ken Hoffman ... Global economic crisis created unique scenario for metals such as iron ore

Speaking on a Singapore Stock Exchange webinar - headlined, ‘Iron ore in an uncertain world' - McKinsey basic materials senior expert, Ken Hoffman indicated the firm's estimate of up to 127