Iron ore price drops after Trump’s China tariff threat
US President Donald Trump said that he could hit China with 10% tariffs on all imports from as early as next month.
Gold may be shiny, pretty and expensive but steel is the world’s most recycled metal. India’s Tata Steel and Colorcoat have joined forces to create an infographic all about the grey metal.
So give it up for the eco-friendly, society-building, extremely common but strong steel:
2 Comments
raj
nice! http://www.organicweek.ca
Tim
Very interesting though the 25 million tonnes of steel product produced each year may be on the low side given annual crude poured is about +1.4 billion tonnes now, with China at ~0.74 bt in 2013, up from ~0.718 bt in 2012 and! ~0.19 bt in 2001…. Recycled into 25 mt appears low as what % is EAF?