Minnesota Mine Forecast Dashboard

6-Month Forecasts: Expansion Prospects & Industry Cutback Risk

EXPANSION PROSPECT

Hibbing Taconite
2/3 Capacity

--
6-Month Forecast

6-month probability of expanding to 2/3 capacity (+2.7M tons/year)

EXPANSION PROSPECT

Hibbing Taconite
Full Capacity

--
6-Month Forecast

6-month probability of expanding to full capacity (+5.3M tons/year)

EXPANSION PROSPECT

Minorca Mine
Restart

--
6-Month Forecast

6-month probability of full mine restart (+5.0M tons/year)

CUTBACK RISK

Industry Cutback
Announcements

--
6-Month Forecast

6-month probability of further cutback announcements at operating mines

📊 6-Month Market Balance Assessment

--
Avg 6-Month Expansion Prospect
--
6-Month Industry Cutback Risk
--
Net Market Sentiment
--
Current Market Phase

Integrated Data Sources & Methodology

AISI Great Lakes Steel Production: Weekly steel production data (Column H) for demand trend analysis and oversupply pressure calculation

Port Stockpile Intelligence: Physical dock observations at Duluth, Two Harbors, and Silver Bay for real-time inventory pressure assessment

Mine Operational Analysis: Current capacity utilization, expansion feasibility, and restart complexity assessments for probability modeling

Seasonal & Historical Patterns: Great Lakes shipping seasons, historical cutback announcement timing, and industry cycle analysis

Integrated Probability Framework: Expansion prospects based on market capacity gaps; cutback risks based on oversupply pressure, seasonal timing, and historical context

Last updated: Loading...