Just another media beat up . . . at least the guy who wrote the article attached the words "if" and "hypothesis" to his exercise in creative writing.
The writer of the iron ore doomsday article omitted the following pertinent facts . . .
China has imported in excess of 1 billion tonnes of iron ore every year for the past 8 years.
China has imported in excess of 1.1 billion tonnes of iron ore every year for the past 4 years.
China's imports of iron ore for 2023 were an all time record at 1.18 billion tonnes.
China's imports of iron ore for the first 2 months of 2024 have exceeded that of the same period in 2023
China's demand for iron ore is consistently strong and growing . . . despite all the media scare monguering about Chiness real estate, stimulus etc
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