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An iron ore mine near Kathu, South Africa. With 70% of global demand for iron ore coming from China, prices are partially dictated by the Chinese property market.
Emmanuel Croset/AFP via Getty Images

Higher tariffs may be bad for trade, but good for the environment

Oct 16, 2023
Recent research finds that higher tariffs on dirtier imports could reduce carbon emissions.
Steel production in the U.S. is a lot cleaner now than before the 1970s, thanks to the use of more energy-efficient electric arc furnaces. Above, a steel plant in Pennsylvania.
Drew Angerer/Getty Images

Postcard from a Japanese steel town

Aug 1, 2018
The city of Kamaishi is the birthplace of the modern Japanese steel industry, but that hasn't shielded it from change.
The Nippon Steel & Sumitomo Metal plant in Kamaishi, Japan.
Adrian Ma/Marketplace