China’s steel demand shifts to higher-grade ore, Rio Tinto exec says
"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.
Since the beginning of the industrial age steel has been an essential building material. Today China is by far the largest consumer of the iron-based commodity. In 1943 the world was producing under 400 million tonnes of steel but global production has sky rocketed since – in 2009 the world produced nearly 1.6 billion tonnes.
Colorcoat has created this infographic to trace the rise of steel and show what comes next in an environmentally aware age.
