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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.

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

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 million tonnes...

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