The iron ore market is wrong-footing forecasters again, as it has throughout the past 20 years. No one expected the iron ore price to surpass US$200 a tonne as it did in May, and no …
Tag Archive for: "iron ore"
On 5 September, Guinea’s special forces took control of the country, detaining the president, Alpha Conde, and suspending the constitution. Citing endemic corruption, human rights abuses and poverty, coup leader Lieutenant Colonel Mamady Doumbouya announced …
A recent report in China’s Global Times newspaper suggests Chinese steel mills are imposing discriminatory cuts to exports to Australia as a new element in the continuing campaign of economic coercion against the government. ‘China’s shrinking steel …
China’s steel industry is blaming the concentrated ownership of Australia’s iron ore mines for the soaring ore price and is calling for Chinese government intervention. ‘We believe that the supply side is highly concentrated and …
So, all Australian coal exports to China seem to have stopped. As usual, the Chinese government is keeping its actual decisions to itself and letting them leach out through state media and other sources. In this …