16
Feb
14:38
BHP foresees lower Chinese ore demand, India uncertainty
BHP says one or both of the Chinese demand/Brazilian supply factors will need to change materially before iron ore prices can correct from current highs. In the six months through June China’s iron ore demand will be lower as crude steel production plateaus and the scrap-to-steel ratio rises.
The mining giant says prospective Indian iron ore miners’ balancing between domestic market needs and attractive export sales is an uncertainty for the market in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous