Canadian mining industry feeling the sting from China’s steel surplus

metal recycling prices are always fickle…

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The steel industry is about to go from bad to worse.

China, the world’s biggest consumer of steel, needs less metal. The Chinese housing market, responsible for using the bulk of steel, is bulging with empty properties.

Read more at: http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/canadian-mining-industry-feeling-sting-from-chinas-steel-surplus/article25050014/

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