Since 2014, a more challenging operating environment has developed for iron ore producers. Prices have declined and growth in demand has fallen short of forecasts. WithinAustralia, there has been some controversy over the reasons behind these new market conditions. In particular, there has been significant media and political comment that major localiron ore producers may have manipulated the market to drive out competitors, or engaged insub-optimal market behaviour requiring rectification through policy intervention. This paperinvestigates if there is any truth to this commentary.
|Name||Economics Discussion Papers|