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.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles