Tag: Global iron ore demand
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What is Driving Low-Grade Iron Ore Demand in China?
The epicentre of the global steel industry, China’s crude steel production in 2018 reached 928.3 MnT, up by 6.6% compared to 2017. Despite rampant clampdowns imposed on polluting IF facilities across the People’s Republic and stringent capacity curtailments, crude steel production, as forecast by experts and market watchers, has reached a plateau and is likely…