Iron ore and steel. Strategic, volatile and primed for conflict
... 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 ... ... their Russian, Japanese and South Korean and Indian neighbors on an occasional back channel basis would be a mistake. The BRICS, a weak alliance fostered by “global governance”. The risks and rewards in iron ore and steel are in the hundreds of billions of dollars and do not include ...
02.03.2015