China’s 2025 steel demand to fall 1.5% on year, state research institute says
China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.
Reuters reported that global volume of iron ore swaps may jump to 80 million tonnes by 2015 around four times last year level as interest in the hedging tool rises.
The projected volume represents nearly 13% of China iron ore imports of more than 618 million tonnes last year.
