【ferro-alloy.com】IAN ASHBY, PRESIDENT IRON ORE, BHP BILITON: We forecast that world iron ore consumption will continue to see strong growth of around 3.5 per cent per year until 2020.

Over the same period we expect the demand for sea borne issue ore to increase by 4.4 per cent per year. Looking beyond 2025, Chinese demand is expected to soften markedly as a consequence of steel industry intensity per capita reaching its expected peak in the latter half of the next decade.

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