From Clyde Russell:
There is something of a delicious irony in China’s iron ore miners complaining of dumping by foreign producers, but what it really underscores is the multitude of challenges facing the world’s biggest steel industry.
The domestic miners want an anti-dumping investigation into iron ore imported from the world’s top suppliers, complaining that low-cost majors – Brazil’s Vale and the Anglo-Australian pair of Rio Tinto and BHP Billiton – are flooding the market.
