World Iron Ore Mining Projects Top $270 Billion, an Industrial Info News Alert

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 01/31/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Iron ore is a hot commodity right now, largely due to increasing demand from steel manufacturers. World is at an all-time high, led by China, which accounts for about 45% of the world's steel production according to the Worldsteel Association. Integrated steel producers rely on a steady supply of iron to make steel. Many steel producers are shoring up iron ore supplies or are getting into the mining business themselves. This is driving significant activity worldwide for iron ore mining and distribution projects. Industrial Info is tracking about $270 billion worth of iron ore projects around the globe.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.





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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 31.01.2012 - 11:30 Uhr
Sprache: Deutsch
News-ID 109221
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SUGAR LAND, TX

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Mining & Metals

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