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Big Iron Ore Producers Debate Supply-Demand Balance

Industry giants' battle over the iron ore supply-demand balance continued this week. The most recent development came when Rio Tinto CEO Sam Walsh described the idea of boosting prices via a production cap "hare brained."

How Long Will the Global Iron Ore Surplus Last?

It's no secret that the iron ore market has been facing tough times, with low-cost suppliers flooding the market and the slowing Chinese economy creating a surplus. On Monday, the World Bank told Bloomberg that the surplus could last up to two years.

BC Iron Settles in the Sweet Spot

Volatility continues in the iron ore space, with the metal's price searching for a bottom and its producers experiencing substantial share price swings. However, BC Iron is perhaps in the sweet spot of having a solid balance sheet and low enough cash costs to survive the current downturn, but high enough costs to offer substantial leverage in the event of an upswing.