this is a slide from the Fortescue presentation at the Diggers & dealers conf.
I was staggered to see the rate of growth of per capita consumption of steel in China, presented in such a clear manner!
just have a look at the rise from almost nothing in about 2000, to around 2010. That's about a fivefold increase in consumption in just 10 yrs.! amazing.
so I guess it might explain just why the Chinese want LNG to satiate the energy requirements of this boom.
According to Fortescue, this demand is not over.
this is a slide from the Fortescue presentation at the Diggers &...
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