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: "trade"
Every million tonnes of coal has recently been costing China’s steel mills more than US$400 million, compared with around US$250 million paid by steel mills everywhere else. The difference is entirely explained by China’s embargo …
While Covid-19 continues to provide moments of awakening, it’s yet to become the catalyst for the paradigm shift expected by many in the back half of 2020. Perhaps this will change with the realisation that …
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 …
Australia must diversify its economic and strategic relations with its neighbours in Southeast Asia. Trade Minister Dan Tehan’s visit to Vietnam last month to shore up economic ties came while Australian exporters continued to suffer …