Tag Archives: Chinese steel production

Iron ore plunges to US$91.80, small miners facing losses

Michael Sainsbury As regular readers will know, Little Red Blog has, for quite some time been unfashionably bearish on both the Chinese economy and the iron ore price. So it’s with some relief that we can report that both are softening at the sort of rate we had expected but which most, at the start

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Chinese trading fraud moves Australia’s markets. Again.

Michael Sainsbury  Here we go again. Market robots (dressed in expensive suits as well as their quant computer rivals) moving the Australian dollar and share markets up and down with each sliver of slightly rubbishy data that comes out of China. Just 11 days ago it was all doom and gloom when the PMI –

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