You are here

Iron ore giants expand clout as sales to China rise

BT_20150824_DNIRONORE24_1838739.jpg
Miners in Australia and Brazil are managing to build market share in China even as steel output contracts amid an economic slowdown.

Singapore

IN the global iron ore market, the world's two biggest exporters are expanding sales into the top customer, winning a greater share of trade as prices tumble.

Cargoes from Australia to China rose 13 per cent to 347.4 million tonnes in the first seven months of the year,

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom