China’s iron ore demand has already peaked, Baosteel official says

China’s iron ore demand has already peaked, Baosteel official says
China’s iron ore demand has already peaked and is expected to stay flat, an official of the country’s biggest listed steelmaker, Baoshan Iron & Steel Co, said on Thursday. China bought a record 1.08 billion tonnes of the steelmaking raw ingredient last year, the second successive year in which purchases crossed the 1-billion mark. “China’s ... read more
Source: Dry Bulk MarketPublished on 2018-09-20
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