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China is about to demolish iron ore demand

September 20, 2017 - 11:04 -- Admin

It’s never a dull moment for bulks, via Credit Suisse: ■ Question: what would the iron ore price be if China’s steel output fell 180Mtpa to 670Mtpa? This is the output rate the Government is planning for four months starting 15 Nov—curtailing steel mills by 50% in five provinces near Beijing that produce 43% of

The post China is about to demolish iron ore demand appeared first on MacroBusiness.

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