Credit not steel, China’s new use of iron ore props up demand

Credit not steel, China’s new use of iron ore props up demand

[Reuters – UK Focus] – Chinese steel mills and traders are buying more iron ore to use as collateral to secure loans, helping imports and stocks of the raw material defy expectations for a slowdown in demand by the world’s biggest … more

View todays social media effects on BBL

View the latest stocks trending across Twitter. Click to view dashboard

See who BHP is hiring next, click here to view

Share this post