China's steel engine loses steam, rewrites the iron ore trade map

Digitimes
By Levi LiDec 11, 2025, 1:33 am99 pts
China's slowdown, marked by weak consumption, a deep property slump, deflationary pressure, and softer investment, is weighing on steel production. The IMF expects GDP growth to ease to 4.8% in 2025 and 4.2% in 2026. With domestic ore mining falling, steelmakers are turning to cheaper imported low-grade ore…

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