Iron ore and steel. Strategic, volatile and primed for conflict
... units. This is the situation with bulk iron ore and simple steel production. Devaluation of the ruble is increasing demand for Russian ore and steel, notably at the expense of producers in India. Meanwhile state and parastatal companies based in China and Hong Kong use clever methods to dominate world iron ore and crude steel production and their logistics. To assume that Chinese executives do not discuss price and logistics issues with their Russian, Japanese and South Korean and Indian neighbors ...
02.03.2015