Brief: Mitsui & Co CFO - We Expect Iron Ore Demand To Remain Weak In The Short Term, Reflecting China's Crude Steel Production

MITSUI & CO.

03/02/2026 05:49

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

Source text: [ID:]

Further company coverage: 8031.T

 (Reporting by Yuka Obayashi)

 ((Satoshi.Sugiyama@thomsonreuters.com;))