Global Iron Ore Market Is Expeted to Grow at a CAGR of Around 3% During Forecast 2015-2019
Technavios market research analyst predicts the global iron ore market to grow at a CAGR of around 3% during the forecast period. The rising the demand from the construction, infrastructure, and transportation sectors id driving the growth of this market. Around 98% of the iron ore mined is used in making steel that is consumed by the mechanical machinery, maritime equipment and vessels, infrastructure and construction sectors.
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