RE: Don't post12 Sep 2019 11:01
On the iron thing always makes me laugh when ppl talk about China "steel dumping". Chinese tax payers are subsidising steel and the rest of the world benefits from getting steel lower than market in exchange for worthless bits of paper. In the end they gave to do something with those bits of paper, we still have the steel. We benefit hugely as we don't have dirty industry and Chinese taxpayers are having to subsidise it. If China stop subsidising it prices will rise and this will be a flashing beacon for new entries in to steel production.