Steel – Schirach Report

End Of China Boom Caused Commodity Prices Collapse China's bubble was created by a Government-willed gigantic stimulus that fueled demand for commodities. Now it is all over

WASHINGTON – Global mining giant Anglo American just announced that it will downsize –in a dramatic way. It will cut...

China Dumping Excess Steel China has created enormous over capacity. It is now selling its products below cost to the rest of the world

WASHINGTON – In a “normal” capitalistic country, when supply expansion strategies in any given industry exceed market demand, the companies...

China’s Bubble Coming To An End Stimuls led to over capacity. Too many steel mills, while unoccupied buildings indicate that the construction boom is over

WASHINGTON – Here is the latest news from China. In the North West, several companies are going bankrupt. Some of...