Transcription of COMMODITY DEMAND Outlook
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COMMODITY DEMAND Outlook
MINERALS COUNCIL OF AUSTRALIA& COMMODITY INSIGHTSCOMMODITY DEMAND Outlook 2030As the world economy recovers from the impacts of the COVID-19 pandemic, the global trends that have driven growth in mineral and energy COMMODITY DEMAND through the last 20 years will not only continue, but accelerate. COMMODITY DEMAND Outlook 2030 outlines the long-term prospects for key mineral and energy commodities produced by Australia and how global trends will shape opportunities for the Australian economy. It draws on analysis and forecasts from industry experts COMMODITY Insights, consultants commissioned by the report highlights how the technology-led productivity growth that has lifted the incomes and improved the living standards of millions of people in highly populated economies will be a driving force of h
In China, the world’s largest steel producer and consumer, Commodity Insights forecasts demand for high-grade seaborne iron ore to remain high, but ease slightly in the second half of the next decade due to greater utilisation of recycled steel. Steel …
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