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BHP CEO: China Iron Ore Demand Remains Steady​‌

Commodities & Raw MaterialsEnergy Markets & PricesEconomic Data

BHP CEO Brandon Craig said China’s iron ore demand is steady, supported by ongoing manufacturing activity. He also expects stronger Indian demand for metallurgical coal to help underpin the respective commodity markets. Net message is supportive but not a clear catalyst for an immediate large price move.

Analysis

BHP CEO Brandon Craig said China’s iron ore demand is steady, supported by ongoing manufacturing activity. He also expects stronger Indian demand for metallurgical coal to help underpin the respective commodity markets. Net message is supportive but not a clear catalyst for an immediate large price move.

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