Large tensile carbon fiber material will soon be produced in China for the first time.
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If it can be used in aircraft and car doors to replace steel then I suppose it can even replace steel in construction.
Terrible news for Iron Ore exporters. China can compete with Australia’s Iron Ore and the steel mills they supply with this finished green and cheap material.
China could end iron ore imports and shut down most of their steel mills if they can make 250m tons of this stuff, or 1 billion tons of steel equivalent.