BHP Iron Ore Output at Lower End of Guidance

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • 18 Jul '17 at 10:45 pm #10350
    TradersCom
    Keymaster

    [article]37[/article]

    25 Jul '17 at 11:55 pm #10576
    TradersCom
    Keymaster

    US Commerce Secretary Ross Speaking in Washington today made some relevant comments regarding China and steel.

    Headlines

    – China may have over half of the world’s steel excess capacity
    – Steel is in global over capacity in quite massive manner
    – US-China economic, trade ties are a work in progress

    17 Aug '17 at 11:03 pm #11246
    ThePitBoss
    Participant

    You can see the flow on with base metal prices last few days from iron ore cuts. I know a lot of it is China specific but seems iron ore sparks it initially.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.