01
Oct
11:26
Arrium looks to cut costs, may offload mining consumables business
Australia’s Arrium intends to make further cost savings over the next 2 years as it continues to fight against a subdued price environment for its iron ore and a downturn in demand for its steel products.
The company says that work has commenced to target AUD 100 million ($70.4m) of “… annualised cost reductions and efficiency improvements” over the next two years to “… improve the viability and sustainability of the Whyalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous