19
Jul
13:29
BHPB sees iron ore output grow
BHP Billiton’s iron ore output was up 4% year-on-year to 231.35 million tonnes in the financial year ending June 2017, or 268mt on a 100% basis. The increase in output from both Australia and Brazil makes fundamentals for iron ore appear very weak, but prices have improved on the back of the strong Chinese steel market, Kallanish notes.
In the financial year ending June 2018 BHPB expects to produce 239m-243mt, or 275m-280mt on a 100% basis, up 3.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous