SUBSCRIBERS
Oil markets may be in for pain felt by miners
Iron ore producers who predict a swift exit by higher cost suppliers as their commodity enters a bear market are caught out as output curbs prove slower than expected
Add BT as a preferred sourcePublished Mon, Jan 19, 2015 · 09:50 PM
Melbourne
OIL producers reluctant to curb output even as prices tumble to five-and-a-half year lows do not need to guess what the future holds. They can ask a miner.
In coal to iron ore markets, suppliers have raised volumes even as prices slumped, boosting global gluts and jeopardising profits as the most dominant players seek to maintain revenue and squeeze out higher cost rivals.
Share with us your feedback on BT's products and services
