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BHP and Rio Tinto See India Driving Steel’s Next Wave of Growth (opens original article in a new tab)

TL;DR

BHP and Rio Tinto see India as the next major growth driver for global steel production, indicating a shift from China as the primary market for iron ore suppliers.

  • BHP and Rio Tinto are focusing on India as a growth engine for steelmaking
  • India is becoming a key market for global iron ore suppliers
  • Global steelmakers are shifting focus from China to India

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