25
Feb
00:00
No price improvement for BHP this year, but low costs preserve cash flow: Moody's
Moody’s expects no material improvement in the price environment for the commodities produced by BHP Billiton over the next twelve months. This will place further pressure on the Australian miner’s revenue and earnings. However, the company is well equipped to protect its credit profile in a softer commodity price environment, the credit rating agency says.
BHP Billiton’s earnings (underlying EBIT) from the iron ore segment fell by -35.4% y…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous