How to make an iron furnace
The ironmaker Aqha says it has made a lot of money over the years selling coal and lignite coal to customers, including the Chinese government.
But a large proportion of those customers are from poor rural areas, where the ironmaking industry is struggling.
“In the past few years, many people from poor villages have come to the ironmakers and asked for iron,” says Aqah.
“I am glad that we are selling coal, and that people from the poor villages are buying our products.”
The company is also selling lignites, which it says are cleaner and easier to work with.
But its biggest customers are the Chinese and Japanese governments.
They buy about two-thirds of Aqaha’s coal, mostly to fuel their nuclear reactors.
The rest is for export to China and Japan.
The company says its sales are also up 30 per cent in the past three years.
But there is growing concern about the quality of the products and the potential impact on the environment.
Aqah says it wants to be a leader in the global market for the coal that it makes.
The problem, it says, is that there is little demand.
And so Aqahs customers are getting poorer.
“The customers who are buying the coal are the poor people in the country, who are mainly poor,” says the CEO.
“They can’t afford to buy coal.
They don’t have any money.”
Aqahi says it is trying to find a solution, by making more products, including more durable steel.
And it is planning to start selling more of its coal in China.
Ironmaking is a relatively small industry, with about 100 employees, but it is already growing rapidly, thanks to the government subsidies.
The government pays the company about $600 a tonne for its coal, plus a share of the royalties.
But the profits are used to build up a massive stockpile of iron ore, which the government sells at a loss to foreign investors.
Ironmakers say they are worried about a possible slowdown in the demand for their products.
And they are not the only ones worried about the health of the environment: China has also been investing heavily in ironmaking.
The Chinese government has also said it is going to invest in the industry.
In February, it announced that it had approved a $2.2 billion fund that will buy coal from Aqawa and other companies.
But the fund has yet to be officially announced.
Aqahi and its workers have been working for about two years on a new furnace, which they hope will start producing in 2021.
But as the government ramps up the production of coal, its customers are increasingly worried.
“The coal we have is very heavy, and it takes quite a long time to get it out,” says a worker at the company’s mine in Anah.
If the government doesn’t act, Aqayas profits will disappear.
As the world’s biggest producer of iron, China is the world leader in iron production.
But it is also a net exporter, importing iron at a lower rate than other countries.
And that is hurting the country’s economy, because its export revenue is down.
In a country where many of its people are poor, a major source of poverty, it is hard to know what effect the Chinese state’s policies will have on the country.
(CBC News) The Aqaah workers have a long way to go.
They are just one of many small, impoverished ironmaking companies in the area.
And their workers are increasingly becoming poorer as the economy slows.
Meanwhile, some of those coal customers are already being pushed out of the area, in search of cheaper coal.