BHP Billiton: Demand For Coking Coal, Manganese To Accelerate

Fox Business reported that BHP Billiton (NYSE:BHP) sees increased demand for coal and manganese from China and India.

The market news is quoted as saying:

Volume estimates for BHP’s coking coal and manganese businesses fall short of demand forecasts, the Anglo-Australian mining company said in a presentation on steelmaking materials published on its website. It said it expects crude steel production in China, the world’s biggest consumer of steel, to grow to about 1.1 billion metric tons by 2025.

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