BHP Billiton chairman Jac Nasser says he does not expect any significant increase in iron ore prices soon, following a year of heavy falls in Australia’s biggest export earner.
also … that China’s growth rate would not continue at the same pace, but that was expected.
A more sustainable rate would follow in line with how other major economies have developed.
Not new news, its in the paper.
No upside soon in iron ore, says BHP