Green steel dream turns nightmare

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The ferrous complex short squeeze is flaming out.

Arch CCP groveller Twiggy Forrest was on the hustings yesterday. The Australian.

The next chapter in the Australia-China relationship will define our shared futures for the next century. It was significant that one of the defining moments of the Prime Minister’s visit was one I had not experienced on the more than 50 occasions I have been to China: the leaders of our respective countries, the leaders of Australia’s largest iron ore miners, and the leaders of China’s biggest steelmakers, together in one room.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.