Thursday 23 July 2015

Otmane El Rhazi : China continues to drive iron-ore demand

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Despite the likely weakening of China’s demand for iron-ore, owing to the continuing decline of its real estate market and overall lower pace of urbanisation, the country’s lower projected 2015 gross domestic product was still expected to increase its mineral-demand base by about $1-trillion, multinational professional services network PwC South Africa CEO Dion Shango said at the South Africa Junior Mining Indaba last month.

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