Archives for July, 2012
Reshoring is a trend (and topic du jour) that has been underway for a couple of years, particularly between China and the US. It is a term that has been coined to describe the trend for a country’s manufacturing operations that have previously been moved offshore, to be returned home,…
Notwithstanding today’s (perfectly engineered soft-landing) Chinese GDP of 7.6% for the year-on-year June quarter, things are not looking too bright for the Middle Kingdom in the steel space. This, in turn, should be causing considerable consternation among the exporters of coking coal and iron ore. The Epoch Times reports that China’s…