Will seaborne supply growth overwhelm Chinese steel production? Or will it manage to keep pace?
These have been key questions facing the iron ore market over the past couple of years. But the story in 2014 has levels of complexity. One is Beijing’s war on pollution.
Mills in China’s key steel making provinces of Hebei and Jiangsu are under pressure to lower emissions and comply with new air pollution standards following smog crises last year in several big cities.
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