Friday, April 11, 2014

China anti-pollution efforts

China’s Li Swaps Steel Production for Cleaner Air: Commodities
By Bloomberg News Apr 11, 2014; http://www.bloomberg.com/news/2014-04-11/china-s-li-swaps-steel-production-for-cleaner-air-commodities.html
China’s slowing economy and tougher government anti-pollution efforts are taking a toll on its steel mills, rattling the world’s biggest producer of the alloy and flashing worries of a potential downturn in the global iron-ore trade.

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