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Considering that China consumes a hell of a lot of steel itself... At least it would be catastrophic for the global iron ore industry. ;)

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid (arvid.hallen at gmail.com) on Wed Jul 21st, 2010 at 04:38:54 PM EST
[ Parent ]
How much of that steel ends up in products China exports? That is the relevant question, just as it is for energy.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Jul 21st, 2010 at 06:21:09 PM EST
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