Iron ore supply and demand become more balance
2013-03-29 16:59:35 【Print】
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Iron ore reserve was abundant around the globe
. According to report from the US Geological Survey, the global iron ore reserve reached 170 billion tons, and the reserve reached 67 . 5 billion tons in iron ore mines under exploitation with over 50 years of static guarantee term, accounting for about 40% of global measured reserve .