28
Jul
16:41
Cliffs increases iron ore expectations for 2016
Iron ore provider Cliffs Natural Resources has bumped up its full-year iron ore sales expectations, though its project hot-rolled steel price remains muted, Kallanish learns from the company’s second quarter earnings review.
Cliffs expects to sell 18 million long tons of iron ore in 2016. The company’s previous estimate of 17.5m lt was bolstered by an offtake deal with US Steel Canada for 500,000 lt.
Cliffs’ prediction for the cash cost of g…
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