China’s steel-clad Hebei Jeebies

Chinese steel companies are definitely – to coin a pun – suffering the Hebei Jeebies. As the Business Spectator’s China correspondent comments: “Beijing’s tough new stance on the environment and the ever-vocal popular demand for cleaner air will have more and more impact on industries like steel and coal. For shareholders in BHP and Rio Tinto, this is an area that you need to pay more and more attention to.”

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