Bloomberg Daybreak: Europe Edition cover image

BHP China Recovery Warning, Apple CFO Change & Middle East Calm

Bloomberg Daybreak: Europe Edition

CHAPTER

BHP's Cautious Outlook on Steel Demand

This chapter examines BHP's concerns regarding the slowdown in China's property sector and its effects on steel demand, emphasizing a notable decline in housing construction. It also explores the potential for increased copper demand in the context of renewable energy, along with BHP's strategic pivot towards diversifying its portfolio in response to ongoing market challenges.

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