Toekomstbeeld schreef op 23 juli 2017 20:27:
Rio’s iron ore slowdown to hand boost to rebounding prices
July 23 2017 08:43 PM
“Expectations were too high on supply growth out of Australia,” Daniel Hynes, an analyst in Sydney at Australia & New Zealand Banking Group, said by phone. With record steel production in China “we’re seeing a readjustment on both sides of the market,
which is supporting prices,” he said.
The recent gain in benchmark iron ore that’s lifted prices may last for some time, according to Barclays.www.gulf-times.com/story/557606/Rio-s...