China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters
China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters

China’s post-coronavirus construction boom shows signs of cooling as steel output slows

  • Bad weather and government curbs on property financing are slowing construction projects, reducing demand for steel and iron ore
  • Analysts say slowdown does not mean steel production will grind to a halt, with demand and output expected to pick up in the New Year

Topic |   Coronavirus pandemic
China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters
China’s falling iron ore prices likely indicate a cooling of economic expansion. Photo: Reuters
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