Bad news for Australia: China’s steel crisis is set to deepen
Prices are tumbling, profits are dwindling, and there’s little relief on offer from a government focused on retooling China’s economy for the long term.
Beijing | There’s more trouble brewing in the world’s biggest steel market.
After a years-long property slump that has crushed the billion-tonne Chinese steel industry’s biggest source of demand, prospects are getting no better.
