EconomyPolicyTrade

China’s Iron Ore Price Push May Backfire As Miners Weigh Alliance

China’s campaign to lower iron ore prices may produce the opposite effect as major miners consider merging assets. Analysts suggest a Pilbara alliance could strengthen miner bargaining power against China’s purchasing consortium.

China’s Price Strategy Faces Potential Backfire

China’s efforts to force down iron ore prices could inadvertently keep prices elevated or push them higher, according to financial analysts. The newly formed China Mineral Resources Group (CMRG), which coordinates over 85% of China’s iron ore purchases, has been demanding price reductions and payment in Chinese currency rather than U.S. dollars.

AISoftwareTechnology

Anthropic Deploys Claude Code Web Platform While DeepSeek Advances OCR Compression Technology

Anthropic has released a beta research preview of Claude Code on the web, enabling developers to automate coding tasks through cloud infrastructure. Meanwhile, DeepSeek has developed a new OCR system that compresses large image-based text documents for AI processing, according to recent announcements from both AI companies.

Anthropic Expands Claude Coding Capabilities to Web Platform

Artificial intelligence company Anthropic has launched a beta research preview of Claude Code on the web, according to recent reports. The new platform enables developers to automate various coding tasks including bug backlogs, routine fixes, and parallel development work through Anthropic-managed cloud infrastructure. Sources indicate this represents a significant expansion of the company’s developer tools following their recent $183 billion valuation and preliminary approval of a $1.5 billion copyright settlement.