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BHP sees China steel demand to stay firm but not for iron ore

As the availability of scrap increases, more will be recycled and it will take up a bigger proportion of steel making in China


WHILE consumption of steel in China will continue to grow into the next decade, demand for iron ore will fall as the country turns to using more scrap in its steel production, according to BHP Billiton, one of the largest iron ore exporters in the world.

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