Demand for steel in China is close to peak, according to Rio Tinto

As reports agency information agency "Bloomberg", Rio Tinto Group Ltd, the second-large producer of iron ore in the world, considers that steel consumption in China is close to a maximum level, and demand next year probably will be similar to demand in 2023. In recent months appetite China to iron ore, the main ingredient for productions became, increased as some positive moments in economy help to compensate low demand from key sector real estates. However, according to director generals Rio Tinto Group Ltd Jacoba Stauscholma, the last two decades fast...