For everything written about the iron ore price and its dip below $US100 a tonne, one statistic stands out.
Only 1 per cent of Chinese steel mills are currently profitable.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
