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Bloomberg: BHP Says China’s Coal Imports Sustainable After 30-Fold Jump

September 16th, 2009

This article ties well with the one I posted with respect to US steel tariffs.  It seems that that Chinese stimulus has resulted in massive steel production which is being dumped around the world.  They have invested in excess capacity and goods for export.   This excess steel production is crowding out local producers who are pushing back. 

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOyK3eZT8inA

George Baxter Capacity, Commodities , , , , ,

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