May 2017 Analysis

Industry Trend Analysis - Major Iron Ore Mining Equities To Outperform Prices - MAY 2017

Equities of major iron ore miners will outperform iron ore prices, which will remain on an average yearly downtrend over our forecast period to 2021. In spite of low prices, iron ore majors will be bolstered by their low cash costs and increasing operational efficiencies, which will lead to sustained output from their mines adding to the global supply glut over the coming years.