Assessing the competitiveness of the supply side response to China’s iron ore demand shock

Author: 
Luke Hurst
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Abstract: 
This article examines the scale of China’s demand shock and the supply-side reaction in established and fringe iron ore regions. It outlines the short-run constraints on supply expansion and explores the supply-side response to understand whether the long-run iron ore market adjustment has been competitive, or influenced by strategic supply and price interventions by incumbent producers.
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