Goldman Says China Iron Imports to Shrink as Old Economy FadesBy
Bank projects decline in nationwide steel demand in 2017, 2018
Iron ore purchases will drop ‘eventually,’ bank forecasts
Goldman Sachs Group Inc. is forecasting that steel consumption in China will shrink again from next year after a brief respite in 2016, and the nation’s iron ore imports will eventually start to decline too as policy makers shift the economy away from investment.
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