Iron Ore Review: New Pricing, Tight Supplies and Chinese Demand flpfinpd the Year's Market.

The article analyzes the prices, supplies, and demand of the iron ore market. It states that the world production of iron ore in 2009 fell by 6.2%, which in turn decreases the output production of iron in most countries. It mentions the present situation has reached to its extreme levels as there is higher demand in China. However, it is noted that supply will catch up and prices will decline in the offing.