2014 Iron Ore Demand in Austraria to Rise by 7% to 1.315 Billion Tons

According to resources supply and demand estimation that Bureau of Resources and Energy Economics in Australia announced on 24th, demand of iron ore in 2014 increases by 7.3% from the previous year to 1.315 billion tons. Demand of coking coal increases by 2.2% to 321 million tons. In 2015, iron ore rises by 4.7%, 原料炭 increases by 2.2%. Rising demand in China contributes to the estimation.