The global of iron ore supply will increase how much in 2017? About 50 million tons.

In2017, Rio tinto, BHP billiton, fortescue, vale and so on four big mines will increase production of 30 million tons, considering the RoyHill (Roy) in the SINO iron ore of Australia, such as capacity gradually released, and some of the high cost of mining capacity exit, etc., the global iron ore supply in 2017 is expected to increase around 50 million tons.