Major infrastructure projects embracing rail, water, roads and housing, are set to boost steel demand in China, it is claimed.

Government-led projects worth billions are on the cards as details emerge of China investing in the construction of 13 highways and eight railways under its Silk Road economic belt initiative, according to a report in the Yangtse Evening newspaper.

An estimated 30Mt of steel will be used on railway construction during 2015, up almost 43% over 2014 according to analysts

China used 21Mt of steel on railway construction in 2014.

Source: China Metals