Tight iron ore supply projected for this year

摘要

The seaborne market for iron ore will be tight this year with supply only catching up next year, says Goldman Sachs JBWere in an industry report. “We expect supply and demand to be much more closely aligned from 2011/12 with potential for an oversupplied seaborne market from 2013/14. But 2010 should be a very good year for the suppliers,” it said.