Volume of World Iron Ore Trade Increases by 80% to 2billion Tonnes in 2025

According to the estimate Bureau of Resources and Energy Economics in Australia created, volume of iron ore trade in the world might increase by 83% from 2011 to 1.967 billion tonnes in 2025. Coking coal will increase by 71% to 464 million tonnes. Crude steel production is estimated to up by 57% to 2.377 billion tonnes, demand for mainly developing country will expand.