Iron ore prices fell on Friday after hitting their highest level since September 2011, as a survey of inventories of steel products in China showed a significant increase.
The White House plans to review gaps in domestic manufacturing and supply chains that are dominated by or run through “nations that are or are likely to become unfriendly or unstable,” CNBC reported.
The division will be headed by Maria Luiza de Oliveira Pinto e Paiva, who until this month has been head of sustainability at Brazilian pulpmaker Suzano SA.