India and ASEAN to boost iron ore demand amid China slowdown
pre-market1 source ↓written by the desknot a recommendation
India and ASEAN are set to offset declining iron ore demand from China, where the focus is shifting from real estate to industrial manufacturing. At the SGX Iron Ore conference, Rio Tinto's Bold Baatar highlighted expectations of substantial demand growth from these regions through 2035, keeping bulk carriers active. This shift may support dry bulk market stability.
Not investment advice. For informational purposes only.