07
May
01:00
Cliffs evaluates exit strategies for Australia, Canada
As Cliffs Natural Resources refocuses on its core iron ore business in the US, it continues to evaluate divestiture options for its Australian and Canadian iron ore and North American coal businesses.
The company will operate its Asia Pacific iron ore segment in Western Australia minimally for the remaining life of the mine as it evaluates its sale options, according to a quarterly results filing reviewed by Kallanish.
Cliffs is idling one of three pi…
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Anonymous
Very good overview of the weekly steel market.
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