Here is a great chart I pulled from a recent BHP Billiton presentation that shows China’s share of global demand by commodity. Amazingly, China accounts for 63% of metallurgical coal demand (key ingredient in steel production), 56% of iron ore consumption (again, key raw material in steel production), 39% of aluminum demand, 36% of copper consumption, and 35% of global nickel consumption.
Friday, June 18, 2010
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