China Demand For Steel Forecast To Fall In Latter Half Of 2005

Asia Pulse via Yahoo! Australia & NZ News : China’s voracious demand for steel has been forecast to moderate in the second half of 2005. The Korea Iron & Steel Association said in a report that China’s demand for steel will rise just 3.9-5.0 per cent next year, compared with an estimated increase of 7.6 per cent this year.