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Coronavirus: Chinese economy rebounds by more than 18 per cent since Wuhan COVID-19 lockdown

Coronavirus: Chinese economy rebounds by more than 18 per cent since Wuhan COVID-19 lockdown
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China lifts ban on scrap metal imports in new iron ore threat


China lifts ban on scrap metal imports in new iron ore threat
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China has quietly lifted a two-year ban on imports of scrap metal, a shift that fits a long-term strategy to reduce its reliance on Australian iron ore.
Some economists say the move is an important factor in Beijing’s plan to reduce its dependence on Australian imports for steel production. Others view the shift as more symbolic, at least to begin with, although it also fits with China’s determination to change the way it makes steel.
Australia accounts for 60 per cent of China’s iron ore supply.   ....

Jiang Wei , Australian Capital Territory , Baowu Ouyeel , World Steel Association , China Steel Association , Stephen Hare , Keith Tan , China Baowu , ஜியாங் வெய் , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , உலகம் எஃகு சங்கம் , சீனா எஃகு சங்கம் , ஸ்டீபன் முயல் , கேய்ட் பழுப்பு ,