Iron ore and steel. Strategic, volatile and primed for conflict
... open source statistics on the BRICS are reminiscent of the Glasnost days of Mikhail Gorbachev and the impending collapse of the USSR command economy. You can't be competitive producing, an award winning volume of, for example, porcelain dinner plates ... ... 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 ...
02.03.2015