Business
A perfect storm is brewing for Australia’s iron ore miners – Sydney Morning Herald
A number of factors in China have combined to sink the iron ore price from its boomtime levels earlier this year and some will…
Mills in a number of Chinas provinces have been ordered to reduce output. In Tangshan, which accounts for about 8 per cent of global steel industry production, have been told to reduce their output by more than 12 million tonnes, or about 8 per cent, this…
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