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China's steel demand supportive of iron ore…for now

Robust production and consumption of steel in China will support domestic iron ore demand for years to come, but there will come a point in the second half of this decade where Chinese steel begins a long-term decline, industry insiders said at Singapore International Ferrous Week.

China's steel demand supportive of iron ore…for now China's steel demand supportive of iron ore…for now China's steel demand supportive of iron ore…for now China's steel demand supportive of iron ore…for now China's steel demand supportive of iron ore…for now

Chinese steel consumption will remain elevated in the short term, supported by strong demand from the construction and manufacturing sectors, and then decline slowly after 2025 as the economy matures,