China’s steel output hits record, recovering iron ore prices
Iron ore prices rebounded on Monday because of China’s steel output hitting record highs. In April, crude steel production increased to 97.9 million tons, setting a record for monthly and
Iron ore prices rebounded on Monday because of China’s steel output hitting record highs. In April, crude steel production increased to 97.9 million tons, setting a record for monthly and
The Biden administration is weighing concerns about shortage and inflation when reviewing trade tariff policies. In the U.S. economy, strong demand for consumer goods and other products still got plagued
As steel prices continue to grow, It is highly believed that the commodities will experience the same overall price increase. Chinese steel mills’ decision to raise prices amongst rising raw
The soaring commodity prices threaten China’s economic growth and the purchasing power of its citizens. Everything, from copper and steel used in construction to coal used to heat houses, is
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