FERROUS METALS
The global iron-ore industry's performance improved significantly in 2016 from a cost and pricing perspective, providing a much more positive platform going into 2017, Zanaga Iron Ore Company (ZIOC) nonexecutive chairperson Clifford Elphick said in a company results statement last week. Industry operating costs have been drastically reduced across the iron-ore sector over recent years, driven by lower freight rates and oil prices, weaker domestic currencies versus the US dollar, and more competitive pricing from contractors, Elphick noted in the statement.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
