China production cuts won’t end iron ore boom – The Australian Financial Review

China is announcing a number of decarbonising policies that will increase steel usage, not decrease it.
Mr Cleary said Chinas push to increase renewable energy infrastructure would require a large amount of steel and keep demand for iron ore intact.
What China has announced is a material increase in efficiency targets, so smaller operators that are high carbon emitters will be closed in favour of state-owned enterprise operators running at scale, he said. This will require more high-grade iron ore,…

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