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CONF: China’s steel demand has support in 2020

Chinese steel demand is expected to have support over the remainder of 2020, especially in the infrastructure construction and property sectors, according to presenters at the 14th Mysteel International Iron Ore Market Seminar in Qingdao, East China’s Shandong province, on June 11.
Wu Jingjing, deputy director of the China Iron and Steel Association’s marketing department, pointed out that with the overall resumption of industrial activity across the country after the spread of COVID-19 was controlled, the domestic economy will recover remarkably this quarter, which will drive the gradual recovery of domestic steel

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