China has overinvested in steel as it tries to stimulate its slowing economy. It is also going to need less steel as it develops west. Those factors and more mean less demand for Australia's ore. 17 Aug 2012 6:29 AM
Source: http://www.businessspectator.com.au/bs.nsf/Article/china-mining-boom-investment-stimulus-steel-infras-pd20120816-X87W4?opendocument&src=rss
sun news online rte news.ie sports news today rte.ie news
No comments:
Post a Comment