10
Feb
19:43
Cliffs: Iron ore to stay strong in 2017
Iron ore prices will remain firm throughout 2017, declares Cliffs ceo Lourenco Goncalves.
In an earnings conference call with analysts, Goncalves pooh-poohed predictions that iron ore prices would remain anchored in the long-term by excess supply, Kallanish reports.
“The most important point I would like to make today is we finally have sanity back in the seaborne iron ore market,” he says. “I truly commend Rio Tinto and Vale for eliminating…
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Anonymous
Very good overview of the weekly steel market.
Anonymous