Collapsing Steel Prices Another Ominous Sign For Iron Ore: …

Everyone knew this was going to be a difficult year in the iron ore market. The timing was always going to be problematic, given the equally widely expected slowdown in China, the world’s biggest buyer of iron ore. The combination of supply surge and slowing demand growth has already unleashed a battle for survival among iron ore producers. The surest sign of tension in China’s massive steel …
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