Business
Iron ore hits 10-month low as China heaps pressure on steel mills – The Australian Financial Review
Steel mills in the southwestern province of Yunnan have been told to adjust their production schedules amid the accelerating…
The latest crackdown comes amid a nationwide push to cap steel output growth this year at 2020 levels. An acceleration in steel production curbs in recent weeks has weighed heavily on the iron ore price, which has now fallen nearly 50 per cent from its…
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