IRON ORE WEEK: China's steel demand in 2019 will exceed 2018's, Cisa says

Chinese steel demand in 2019 will likely exceed that in 2018, according to the China Iron & Steel Association (Cisa).

The growth will likely come from the housing and infrastructure markets, coupled with relatively stable demand for steel from other downstream industries, the association’s deputy director Wu Jingjing told delegates at the Singapore Iron Ore Forum, the anchor event of the Iron Ore Week, on Thursday May 9. China’s crude steel output rose to historical highs in the first quarter, thanks to Beijing’s efforts to stabilize the Chinese economy and also partly...

Published

July Zhang

May 09, 2019

08:50 GMT

Singapore