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Subeditors: Pretty sure the figure quoted for China's steel output is wrong by an order of magnitude. Shouldn't it be 650 million tonnes rather than 65?
Thanks for the alert. In 2016 output was cut (not halved) by 65m tonnes (not to 65m tonnes). Sorry about the error.
Wrong! Commodity prices are rebounding. Not surging.
They are decreasing in the last two months, but if you ccheck the aluminu prices of last year until Ocotber of 2017, you will observe it increasead around 18% in Shanghai Metal and LME.