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15 Oct
01:00

Beijing may slash Hebei steelmaking so as to clean up air for Apec

Reports that Beijing is planning a draconian clampdown on nearby polluting industries between now and 1 November, when the Apec (Asia-Pacific Economic Cooperation) Summit starts in Beijing have prompted speculation as to how this will impact iron ore and steel prices. Questions regarding how strict the clampdown will be, and which facilities will be affected are adding to the uncertainty, but there are signs some of the worst predictions may be overstated, Kallanis…
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