Mitsui & Co CFO - We Expect Iron Ore Demand To Remain Weak In The Short Term, Reflecting China's Crude Steel Production
ReutersFeb 3, 2026 5:51 AM
Feb 3 (Reuters) - Mitsui & Co Ltd 8031.T:
MITSUI & CO CFO: WE EXPECT IRON ORE DEMAND TO REMAIN WEAK IN THE SHORT TERM, REFLECTING CHINA'S CRUDE STEEL PRODUCTION
MITSUI & CO CFO: WE EXPECT COPPER PRICES TO RISE IN THE MID TO LONG TERM, BUT TAKE A CAUTIOUS VIEW OF THE CURRENT MARKET DUE TO AN INFLUX OF SPECULATIVE MONEY
MITSUI & CO CFO: WE BELIEVE U.S. ECONOMY WILL REMAIN ROBUST AND WANT TO FIRMLY SEIZE OPPORTUNITIES AND TRANSLATE THEM INTO GROWTH INVESTMENTS THERE
MITSUI & CO CFO: MEETING ELECTRICITY DEMAND DRIVEN BY AI GROWTH WILL BE A KEY STRATEGY, THROUGH SECURING LNG AND NATURAL GAS BUSINESS OPPORTUNITIES AND EXPANDING LOW-CARBON AMMONIA POWER GENERATION CAPACITY
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