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 …
The continued strength of the iron ore price is surprising, given the collapse of oil, which traders have recently been willing to pay buyers for if they’ll agree to offload full tankers. Oil and iron …