China moving out of ‘steel-intensive’ phase predicted to happen during this decade

China moving out of ‘steel-intensive’ phase predicted to happen during this decade

BHP CEO Mike Henry says China shifting out of its “steel-intensive” section had already been predicted to occur through the decade.

“Now we have seen a kind of a plateauing of steel demands, steel production there at just over a billion tonnes per annum,” he advised Sky News Business Editor Ross Greenwood.

Source: www.news.com.au