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14 May
01:00

Miners cut costs, emphasise quality amid China slowdown

Mining majors at the Singapore Exchange Iron Ore Forum on Thursday all agreed that Chinese steel demand faced headwinds in the short term. They continue to believe however that demand has yet to peak, and will grow into the 2020s, Kallanish notes. Slow steel demand growth will still mean an increase in demand for their products therefore because of low costs and high quality, they added. BHP Billiton vice president Alan Chirgwin again said the company expect…
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