CAPITAL MARKETS

More steelmakers go mining

AN increasingly challenging steel industry has seen more steelmakers making investments in iron ore and coal as a way of maintaining their competitive edge.

Kristie Batten
More steelmakers go mining

According to the Ernst & Young Global Steel Report 2012, in the first nine months of 2011, six steelmakers spent $US833 million ($A799.8 million) investing in iron ore and coal interests. The largest...

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