Core Insights - The iron market serves as an indicator of global macroeconomic trends, with significant price increases observed around 2020 due to supply-side shortages and monetary easing that stimulated construction projects [1] Industry Analysis - Iron and steel prices rose dramatically around 2020, influenced by supply-side shortages and global monetary easing [1] - China is identified as the primary player in the iron and steel market, impacting global supply and demand dynamics [1] Analyst Background - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of experience in market analysis [1] - Harrison's professional background includes private equity, real estate, and economic research, complemented by academic expertise in financial econometrics and global monetary economics [1]