Beijing’s creation of a new state-owned company to centralise China’s purchases of iron ore and other metal resources is unlikely to have much impact while markets are tight and prices are high, but it could …
Tag Archive for: "iron ore"
Beijing will be keeping a close watch on the G7’s efforts to cap the price of Russian oil because China is trying to do the same to Australian iron ore. As the world’s biggest exporter …
Originally published 16 September 2021. 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 …
Originally published 3 May 2021. 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 …
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 …