My point was that steel consumption plummets as a country develops.and begins recycling. Chinese demand will fall significantly over the next decade and supply will increase massively. Any surplus will cause the price to remain low,
India has plenty of iron ore and is not going to replace the Chinese market.
https://ibm.gov.in/writereaddata/files/06062017100713Iron%20and%20Steel%202020_2.pdf
My point was that steel consumption plummets as a country...
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