Business & Technology Nexus

Dave Stephens on technology and business trends

Iron Ore Stakes Getting Higher

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This story continues to interest me. Although China denied its secret price cap policy wrt iron ore prices, (see here), it continues to try and come to the aid of its steel industry. The Financial Times gives a great update here. And Austrailia’s reaction is captured here.

Since the outcome of this game of chicken will likely set not only iron ore prices but also the price of steel, it’s time to pop some popcorn and watch this drama unfold. Could a WTO dispute be next?

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Written by Dave Stephens

03/16/06 7:25 AM at 7:25 am

Posted in Opinion

One Response

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