23
Feb
20:58
Iron ore sector faces market 'rebalancing' says BHPB
BHP Billiton (BHPB) cautions that the iron ore sector faces a prolonged period of market rebalancing. The warning came as the miner presented its 2016 half year results monitored by Kallanish.
In the short term, Chinese steel demand is expected to remain soft, with modest potential improvement if construction and infrastructure activity ramp-up in the first half of the 2016 calendar year, BHPB says. The iron ore price will likely remain low, constrained by weak …
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Anonymous
Very good overview of the weekly steel market.
Anonymous