MELBOURNE, Feb 18 (Reuters) - The global market for iron ore market is likely to remain robust for some time, given supply concerns and stronger-than-usual demand from top consumer China, Fortescue Metals Group Chief Executive Elizabeth Gaines said on Thursday.
“Our view is that the market will remain robust for some time,” she told a media call.
Activity rates didn’t slow down as much as is normal for the Lunar New Year because not as many workers returned home this year, she added. Many workers were not able to return home because of COVID-19 related travel restrictions.
Reporting by Melanie Burton; Editing by Christian Schmollinger