Relatively few competitors (Iron Ore Mining Industry)

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Few competitors mean fewer firms are competing for the same customers and resources, which is a positive for Iron Ore Mining Industry. … "Relatively few competitors (Iron Ore Mining Industry)" has a significant impact, so an analyst should put more weight into it. "Relatively few competitors (Iron Ore Mining Industry)" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term negative impact on this entity, which subtracts from its value. This qualitative factor will lead to an increase in costs.

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