By Kishori Krishnan Exclusive to Iron Investing News Still smarting from its failed attempt to buy into the Australian mining giant Rio Tinto, Beijing is making a new bid to secure its supply of iron ore. Looking to mend fences with China, the company is working overtime to heal rifts caused by the collapse of [...]
By Melissa Pistilli – Exclusive to Iron Investing News The China Iron & Steel Association‘s monthly report for July shows that domestic steel demand is wilting in the scorching summer heat, heavy rainfall in the South and the recently-concluded Olympic Games. Increasing amounts of steel inventory has weakened iron ore demand causing the price of iron [...]
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