China's iron-ore demand to remain flat as scrap steel use rises

China's iron-ore demand is expected to stay flat, said an official from Baoshan Iron & Steel Co, the country's biggest listed steelmaker, as Beijing's stricter environmental rules boost the use of scrap steel. China's growing stockpiles of scrap steel should also increase its use in steelmaking versus iron-ore, Ji Chao, an assistant to the president of Baoshan, told an industry conference organised by the China Iron and Steel Association on Thursday.