Slowdown in steel production ahead for Rio?

Morgan Stanley's Rio Tinto expert and Australia’s former China ambassador are at odds over Chinese steel demand.

Rio Tinto, the world’s biggest iron ore producer, faces a sharp slowdown in Chinese steel production amid increasing iron ore seaborne trade in the second half of this year, says Morgan Stanley’s Rio analyst Brendan Fitzpatrick.

Geoff Raby, the former Australian ambassador to China and current board member of iron ore miner Fortescue, disagrees.

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