BHP: demand for coal and iron ore will slow after the end of the peak season

BHP noted that coal and iron ore prices have recently risen sharply as China's economic transformation primarily affects the iron ore and coal markets. After traditionally strong demand in the winter season, prices for coal and iron ore are expected to weaken.

BHP expects the Chinese government to continue to move forward on the reform path, fighting overcapacity in the industry, and this will continue to affect prices.