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Vale Sees China Steel Production Growing 5%-7% Next Year

iconNov 29, 2011 09:55
Source:SMM
Chinese steel production will grow between 5 percent and 7 percent next year as the Asian economy will grow “very fast” and a new government may loosen monetary policy.

Nov 29, 2011 -- Chinese steel production will grow between 5 percent and 7 percent next year as the Asian economy will grow “very fast” and a new government may loosen monetary policy, Jose Carlos Martins, director for iron ore and strategy, said in a presentation to investors in New York today.
 

steel production
Vale

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