#Steel

Recent US Commerce Department figures showing a widening of the country’s trade deficit serve to illustrate the inherent contradictions in President Trump’s vow to narrow the gap while urging faster economic growth.

The ship Chemroad Journey, en route to China with some 30,000 tons of chemicals and 27 crew members, has reportedly been grounded on a rocky bottom off the coast of Vietnam.

Marking the first anniversary of the Formosa Plastics spill, protesters in the town of Kỳ Anh blocked the country’s main highway the first week of April.

The new pick for U.S. trade representative, Robert Lighthizer, recently signaled the new administration’s get-tough approach to China over trade issues.

Nunavut, Canada is home to a wealth of mineral resources, yet it suffers from a dearth of high-speed internet. New developments in both of those areas could bring big changes to the territory. First, after four years of assessment and analysis, the Nunavut Impact Review Board (NIRB) approved the Mary River iron mine on Baffin Island, in […]

Monday, the four executives, three Chinese nationals and one Australian from Australian mining giant Rio Tinto (and so dubbed The Rio Four by Mineweb) , were convicted of bribery and stealing commercial secrets after a closed, two-day trial in Shanghai. Their sentences ranged from seven to fourteen years. One defendant has already said he will […]

Australian Foreign Minister Steven Smith stated today that Stern Hu, General Manager of Rio Tinto China, was detained on espionage charges earlier this week. Hu’s firm, Rio Tinto, is a major Australian supplier of iron ore (a necessary ingredient for making steel). The company is currently negotiating annual contracts with China that dictate pricing terms […]