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Just as next year’s Beijing Olympics has been dubbed by many as the “Genocide Games”, this week’s 17th National Congress of the Communist Party should be dubbed the “Feel-Good Forum”.

Today’s prize ...

Iron ore prices on the rise

October 11,2007

By ANDREW SIEGFRIED

China’s demand for steel keeps on growing and as a result Sinosteel, China’s second largest producer of steel, expects iron ore prices to increase by as much as 25% next year. This is more than the 19.5% increase in 2006 but much less than the 71.5% increase in 2005. China has been the largest consumer of steel in the world s...

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