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Iron Ore
Market, Supplier, Risk and
Competitive Intelligence

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Subscription Benefits:

  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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Manage Iron Ore Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Iron Ore related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Iron Ore to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Iron Ore related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Iron Ore to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Market Analysis
  • Drivers and Constraints
  • Cost and Pricing Analysis
  • Iron Ore Cost Drivers

Table of Contents

  1. Executive Summary
  2. Category Landscape
  3. Market Overview
  4. Covid-19 – Impact Assessment and Recommendation
  1. Market Analysis
  2. Iron Ore Market Maturity
  3. Iron Ore Global Market
  4. Steel Global Market
  5. Additional Market Indicators
  6. Drivers and Constraints
  7. Regional Analysis
  8. Porter's Analysis
  1. Cost and Pricing Analysis
  2. Iron Ore Cost Drivers
  3. Steel Making Cost Driver Analysis
  1. COVID-19 Impact Assestment
  2. COVID-19 Impact – Sourcing Locations
  3. COVID-19 Impact – Industry Watch
  4. COVID-19 Impact – Supplier Watch
  1. Negotiation Support Levers
  2. Negotiation Support Levers

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Market Overview

  • Global market size – 2,490 MMT (2019)
  • Expected to grow moderate growth due to the slowdown in 2020 on account of coronavirus to 2,522 MMT by 2022.

Market Drivers

  • Downstream demand
  • Steel production output

Porter’s Five Forces Analysis

Supplier Power

  • Supplier power is medium to high, as the currently supply disruptions across the globe has strengthened the supplier power
  • Increased use of ferrous scrap moving forward for reduction in pollution levels, especially in China will put a damper on the supplier power in the near future

Barriers to new entrants

  • Barriers to new entrants in the iron ore market are high. Large investments and capital is required to establish a new mine.
  • Furthermore, the iron ore industry is heavily regulated by the government and getting permits to being operations is a daunting task
  • Negotiating rail and port access with established miners

Intensity of rivalry

  • Intensity of rivalry is medium, due to consolidation in the industry amongst the major players. There is high investment cost for entry, regulations, and high exit barriers.
  • The struggle for market share and increased profitability is reflected in price competition where large scale operations benefit

Threat of substitutes

  • Threat of substitutes is low, as ability to alter the properties to suit the end-use industry by different process is already prevalent in the market and metals produced through iron ore have the capability of being recycled. Although the usage of aluminum, plastics, composites has been rising continuously in the automobile and consumer durables sectors, it still does not pose any significant threat since using them would require substantial retooling and switching costs.

Buyer power 

  • Buyer power is medium to high, depending on the end-use industry, as the level of demand varies across the industries
  • For instance, the current steel industry downturn and the weak commodity market provide added advantage to the buyers, in terms of price negotiation.

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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