The company’s Australian operations managing director Cui Xiaofei said the increase in iron ore last year led to a 30% rise in steel prices, which reduced steel companies’ profits and led to smelter closures....
Already have an account? Sign in here
Unlock the most comprehensive mining finance news with MiningNews.net
Looking for the industry's top publication for ASX-listed mining activities and market trends? MiningNews.net gives you instant access to breaking news, resources and commodities updates, and award-winning, expert commentary.
- NEXT: Excel raises $A100 million
- PREVIOUS: Awash with investor cash
