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Why Mexican drug-traffickers started smuggling iron ore to China

IT IS big, bulky, you can't snort it, and it doesn't get you high. Per tonne, it sells for about $125, compared with cocaine, which fetches at least $50m wholesale. By any reckoning, iron ore would seem like a daft thing to peddle if you were in the drugs trade.

Feb 15, 2021 by The Economist
World News
China has conducted a 'war' - not trade - with steel, experts say

Despite China signaling moves to cut its excess steel production capacity, industry chiefs say the country has declared a metals "war" that has had a "devastating" impact for the rest of the world's industry. Overcapacity in the steel industry has been a thorn in the side of the sector in recent years, pushing prices down and making it harder for some steel companies to survive.

Feb 14, 2021 by Holly Ellyatt, Karen Tso - CNBC
World News



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