2027 Agenda

After Simandou, what's the next investment story for iron ore?

For years, iron ore markets have revolved around China and the long-awaited development of Simandou. As new supply enters the market and demand patterns evolve, investors are looking beyond tonnes and prices towards the future structure of the steel value chain. From green steel and industrial policy to regional beneficiation, could Africa’s own industrialisation become the next major source of iron ore and steel demand?

The big questions

• How transformative will Simandou be for global iron ore markets?
• Is China still the market's most important demand driver?
• Could Africa become the world's next major steel growth market?
• Will green steel create a new premium for African iron ore?