China urbanisation trend points to healthy iron ore outlook
China’s urbanisation level, which is now only about 50 per cent, is on the rise. When urbanisation increases, so does the demand for steel. That’s good news for iron ore miners with expansion plans in mind.
Source Fin Review
http://www.afr.com/p/national/china_urbanisation_trend_points_Jr5llV5uin7PvniDq0DIdN