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A careful examination of the forces that underly and influence the supply of and demand for iron ore during the period 1950-65 with forecasts to 1980.
An econometric model of world trade in iron or and steel was developed to examine the impact on world supply, demand, trade, and prices due to prolonged growth in Chinese industrial production. The model - built in 1993 adequately predicted the phenomenal growth in production and prices that eventuated, and with appropriate updating would likely be useful for future research.