Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
BHP Billiton expects growth in iron ore supply to outpace demand and keep prices under pressure, a senior official said on Thursday, but added that boosting earnings will not hinge on restraining production. "We've long been advocates for free and fair markets ... our view is that's what we need in the iron ore sector," Alan Chirgwin, vice president for marketing at BHP told an industry conference.
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