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Steel production

Hopes for a rebound in China's property market have been driving up the price of iron ore

by Lily Jamali
Dec 26, 2023
But the hoped-for rebound not materialize.
An iron ore mine near Kathu, South Africa. With 70% of global demand for iron ore coming from China, prices are partially dictated by the Chinese property market.
Emmanuel Croset/AFP via Getty Images
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Higher tariffs may be bad for trade, but good for the environment

by Justin Ho
Oct 16, 2023
Recent research finds that higher tariffs on dirtier imports could reduce carbon emissions.
Steel production in the U.S. is a lot cleaner now than before the 1970s, thanks to the use of more energy-efficient electric arc furnaces. Above, a steel plant in Pennsylvania.
Drew Angerer/Getty Images
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Postcard from a Japanese steel town

by Adrian Ma
Aug 1, 2018
The city of Kamaishi is the birthplace of the modern Japanese steel industry, but that hasn't shielded it from change.
The Nippon Steel & Sumitomo Metal plant in Kamaishi, Japan.
Adrian Ma/Marketplace
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