Iron Ore Global Trade Forecast of the World in 2014, to Rise by 10.5% to 1.353 Billion Tons

According to iron ore global trade forecast of the world in 2014, Department of Industry in Australia announced on 22nd, it increased by 10.5% from the previous year to 1.353 billion tons, over 1.3 billion tons is the first time. Coking coal rose by 0.7% to 304 million tons. In 2015, iron ore will increase by 2.8%, and rate of advance will slow down. Coking coal is expected to rise by 2.0%.