Wood Mackenzie's Griffin on Iron Ore Outlook

The video discusses the quarterly production report, highlighting Escondido mine's return to normal production and iron ore shipment estimates. It analyzes market trends, noting a correction and additional supply from Volvo S11D and Roy Hill. The demand side is explored, focusing on China's impact and price surges. Finally, it forecasts iron ore prices, suggesting a potential drop to balance the market amid supply cuts.

What is the anticipated price range for iron ore in the near future?

What challenges are mentioned regarding predicting the iron ore market?