QYR Market Research Global Iron Ore market research | Page 6
QYResearch
The global Iron Ore industry is very competitive. The key
points affecting competition are price, quality and range of
products offered, reliability, operating costs and shipping
costs. The big players are taking advantage of economy of scale
to squeeze small competitors and gain market share. Efficiency
in reducing costs is crucial to survive in an environment, which
already led some small players to bankruptcy filings.
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