2016 World steel figures out now!
Looks healthy to me, Page 7 you see 1960-1980 the Japan boom peak then track sideways, I think China will do same, might be slight pullback then good many years sideways as did Japan and then India will take over.
Page 9, check the first 10 countries, steel production decreased from 2014 to 2015 note only India had an increase!
Depending which way the US elections go if Trump gets elected massive infrastructure spend coming, More steel.
http://www.worldsteel.org/dms/inter...2016/document/World Steel in Figures 2016.pdf
Iron Ore Price, page-8310
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