STEEL GIANTS HOPE RED-HOT CHINA WILL COOL DOWN
Roughly
90 minutes by car outside the southern Brazilian city of Belo Horizonte is a huge hole in the ground that gets bigger by the day, feeding the rapid expansion of China's steel industry.
The site is the Brucutu iron ore mine operated by Companhia Vale do Rio Doce (CVRD), the Brazilian company that is the world's biggest supplier of iron ore.
Giant yellow dump trucks trundle around the mine 24 hours a day in an effort to boost production from the project, which was formally inaugurated last month after a $1.1bn development programme.
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Much of the new output from Brucutu