Whether prices rebound or not will hinge on China’s property sector, but that’s not the only variable at play.

There are other sources of iron ore demand, such as China’s renewable energy sector and automotive industry, the largest in the world. Both are considered strategic priorities and receive support from the Chinese government.

And don’t forget supply, which could help rebalance the market if some high cost producers reduce output in light of low prices.

ITHACA, NY, MARCH 26, 2024 – Ursa Space has launched a weekly dataset offering volumetric measurements of Iron Ore Stockpiles at key global locations. This subscription delivers unbiased and accurate data extracted from satellite imagery, empowering users to gain valuable insights in a notoriously opaque market and better understand economic trends.

Geoffrey Craig, Senior Product Strategist

Iron Ore Series

This is the fourth part in a series describing how satellite-based analytics can provide valuable intelligence for traders of iron ore, the primary input for making steel. In this article, we describe our latest product, which embodies the approach and target audience outlined previously.

Geoffrey Craig, Senior Product Strategist

Iron Ore Series

This is the third part in a series of articles describing how satellite-based analytics can provide valuable intelligence for traders of iron ore, the primary input for making steel. In this piece, we discuss how radar satellite imagery can be utilized to measure stockpile levels.

Geoffrey Craig, Senior Product Strategist

Iron Ore Series

This is the second part in a series of articles describing how satellite-based analytics can provide valuable intelligence for traders of iron ore, the primary input for making steel. In this piece, we discuss how stockpile levels reveal important information on market conditions.

Geoffrey Craig, Senior Product Strategist

Iron Ore Series

This is the first part in a series of articles describing how satellite-based analytics can provide valuable intelligence for traders of iron ore, the primary input for making steel. In this piece, we describe the basics: the major players, pricing, and supply chain steps.