Even within the commodities industry, few people have heard of Radiant World. But its rapid growth has put the world's iron ore market on edge and drawn attention from China. Read more: https://bloom.bg/42KQDKV 📷: Costfoto/NurPhoto/Getty Images
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It’s always the quiet players that end up reshaping entire markets. Radiant World sounds like one of those under-the-radar forces rewriting the commodity playbook Bloomberg News
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1dRadiant World’s rapid rise is how concentration and limited transparency in physical trading can distort price discovery and amplify counterparty risk, especially in a commodity as central to global production as iron ore. #creditrisk #commodities #iron