Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron-ore prices will remain in the doldrums for 2015 as senior producers continue to bring new, low-cost output into the market, CRU group director of multi-commodity, knowledge and information Paul Robinson told an audience at the Prospectors & Developers Association of Canada. Stemming from this, smaller producers with tight margins and lower grades will come under much greater pressure this year, their situation compounded by being locked out of the Chinese market by the Big Four iron-ore miners: BHP Billiton, FMG, Rio Tinto and Vale.
Iron-ore prices will remain in the doldrums for 2015 as senior producers continue to bring new, low-cost output into the market, CRU group director of multi-commodity, knowledge and information Paul Robinson told an audience at the Prospectors & Developers Association of Canada. Stemming from this, smaller producers with tight margins and lower grades will come under much greater pressure this year, their situation compounded by being locked out of the Chinese market by the Big Four iron-ore miners: BHP Billiton, FMG, Rio Tinto and Vale.
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