Most China steel market participants expect steel and iron ore demand to be the same as this year or lower in 2024, according to the latest S&P Global Commodity Insights’ China Iron Ore & Steel Quarterly Survey. In the final survey of each year, we take the opportunity to canvas views on the year ahead as well as the coming quarter.
Highlights of this complimentary report:
- Respondents largely expect more of the same next year
- Iron ore prices expected to decline from current levels in Q1
- Infrastructure seen as major driver of steel demand in Q1
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