Air Cooler Count May See BHP Trim China Steel Outlook Again

Updated on
  • Forecasts on China steel output seen as too optimistic
  • Iron ore producers expanding output as demand growth cools

Before BHP Billiton Ltd. cut its forecast for China’s peak steel output this week, Chief Executive Officer Andrew Mackenzie said he had his people go out to count air conditioning units, calculate the depths of basements and work out the amount of steel in each building.

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