Via AG Metal Miner New developments continue to signal coming improvements in Chinese steel production. Among these is a forecast of prospects for the country’s vehicle sector and shipyards. This would ultimately thaw out the Sino-Australian relationship. One of the world’s biggest steelmakers, China’s Baowu Steel Group Corp., is keen to seek closer ties with Aussie iron ore miner Rio Tinto. This comes as Chinese iron ore continues to rebound. In fact, a report from Bloomberg detailed Baowu Chairman Chen Derong’s…
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