China in risky bet to test its power in iron ore markets

Capt. John

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming. China is pressing ahead with a plan to centralize iron ore purchasing, with media reports saying state-owned steel...

https://www.hellenicshippingnews.com/china-in-risky-bet-to-test-its-power-in-iron-ore-markets/

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