26
Aug
01:00
BHP targets 290m t/y of ore and low prices
BHP Billiton chief executive Andrew Mackenzie says iron ore prices will not go back over $100/tonne. His company plans to further drive up output by expanding capacity to 290 million tonnes/year, the ceo says in an interview with The Australian.
BHP recorded record output of 225 million tonnes in the financial year ended 30 June 2014. The company had said previously that it will increase capacity to 270m t/y but now it says it can reach 290m t/y. This would …
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Anonymous
Very good overview of the weekly steel market.
Anonymous