
Articles
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1 day ago |
financialpost.com | Katharine Gemmell
In much of the region, this fight is something of a novelty. During an earlier surge of Chinese steel exports in 2015-2016, a lot of China’s supplies also ended up here. But now countries from Vietnam to Indonesia and Malaysia have large, developed domestic steel industries — and domestic markets to defend. Conditions overseas are also far more brutal.
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1 day ago |
bloomberg.com | Katharine Gemmell
The Pomina Flat Steel JSC plant in Phu My, Vietnam on April 9. Vietnamese steelmakers are feeling the impact of seismic changes in geopolitics and global trade. (Bloomberg) -- It’s 8am and already sweltering at the Pomina Flat Steel JSC plant outside Ho Chi Minh City, as the night shift’s last pour of molten metal is shaped, cooled and cut into rods.
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1 day ago |
flipboard.com | Katharine Gemmell
7 hours agoThe new console will be widely available starting June 5. Nintendo finally revealed when gamers in the US and Canada will be able to place their orders for Switch 2 consoles. Nintendo announced that Switch 2 pre-orders will open on April 24 in both regions. Price has remained the same, even in the …
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2 days ago |
bloomberg.com | Katharine Gemmell
A crane unloads iron ore from a barge. Photographer: Alex Kraus/Bloomberg(Bloomberg) -- Iron ore resumed its decline on concerns that US President Donald Trump’s trade war could hurt global economic growth. The steelmaking ingredient fell as much as 1% as traders assessed Trump’s country-specific negotiations. China, the world’s second-biggest economy, warned nations against striking trade deals with Washington that could hurt Beijing’s interests.
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1 week ago |
bloomberglinea.com.br | Katharine Gemmell
Bloomberg — As maiores produtoras de minério de ferro do mundo enfrentam um começo de ano difícil, após condições climáticas extremas impactarem a produção e enquanto seu maior cliente, a China, se prepara para uma guerra comercial. Esta semana, a BHP, a Rio Tinto e a Vale (VALE3) relataram quedas nos embarques trimestrais em relação ao ano anterior, resultado de disrupções causadas por ciclones em Pilbara, na Austrália, e fortes chuvas no norte do Brasil.
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