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Former CEO of CVRD: Chinese iron ore demand is still strong in the next 10 years

Former CVRD CEO Roger Agnelli said China iron ore demand is still strong in the next 10 years.
 
Agnelli said: "With the new mine production can continue to put into operation, we are going through an adjustment in the market slowdown in the current iron ore market reaction to the economic crisis, and not just the field of mineral resources in the doldrums."
 
He also said that the subject from the pull of China and other Asian countries and emerging countries, short-term iron ore demand will rise. The next few years, Asian countries will actively invest in building infrastructure as part of its industrialization process, at the same time, in order to maintain the economic growth rate in emerging countries on the demand for mineral resources will continue strong



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