Inside a steel plant owned by Shandong Iron & Steel Group in Jinan, Shandong province. Photo: Reuters
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Signs mounting of traditional build-up to serious financial crisis, which is just being put off with another bout of easy credit

Despite the President’s call to shutdown overcapacity we are still seeing

crude steel production at all time record, and ports clogged with record inventories of iron ore

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Inside a steel plant owned by Shandong Iron & Steel Group in Jinan, Shandong province. Photo: Reuters
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