China has ordered domestic steel mills and trading firms to suspend all new purchases of BHP Group’s iron ore cargoes, escalating a pricing dispute that has unsettled commodity markets and placed fresh pressure on Australia’s mining sector. China Mineral Resources Group (CMRG), a state-owned Chinese company established in July 2022 to centralize the import of […]The post China’s cargo ban gives new meaning to BHP’s ‘Broken Hill’ origin appeared first on Asia Times.