Total deal value propped up by US$1 billion private equity takeover of Jindal Shadeed Iron and Steel...
Iron ore miners have made hay in recent times but the party may soon be over.
Most new steel projects will not be commissioned until December.
A collapse in global steel demand means weaker iron ore prices look inevitable later in the year.
Steel production and iron ore demand to fall by 19% and 16% year on year in June quarter.
Canadian bank revises demand estimates downwards once again.
Although China investigator says virus could be contained by April.
Travel ban to hit sector at a time when demand normally expected to grow.
China's iron ore imports to pick up but likely not until Q2
Short-term maintenance hit production, while markets continued to be challenging.
Russia's Severstal sees balance returning to the steel market from Q1 2020.
Russia and Turkey downside risks highlighted by BAML.