Last year, China's demand of iron and steel fell 3.3%, which is the first negative growth since 1995. In the opinion of ANBOUND research team, the fast growing Chinese economy has been an important factor for the growth of global iron and steel industry for many years. If demand of Chinese iron and steel industry has really reached its peak, it probably means that world iron and steel industry and mining industry need adjustment. Both Chinese government and investors should pay attention to such changes.