The iron ore paradox: Short-term realities and long-term goals
From fastmarkets.com
China has long been at the center of this story. For years, it shaped global demand and set the pace of the iron ore market. But change is in the air. As China’s growth moderates and steel output plateaus, the balance of power is shifting. India and other rising economies are stepping in, each bringing their own challenges and opportunities. The route to decarbonization is anything but simple. Regions differ in energy mix, infrastructure and policy direction, creating a complex landscape of approaches. And these differences matter. They influence how – and how quickly – the industry can move toward greener steel. If ...
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