Cliffs Bullish on Iron Ore Prices

Base Metals Investing

Reuters reports that Cliffs Natural Resources (NYSE:CLF) is taking advantage of higher iron ore prices by boosting its US exports by up to five times.

Reuters reports that Cliffs Natural Resources (NYSE:CLF) is taking advantage of higher iron ore prices by boosting its US exports by up to five times.

The market news is quoted as saying:

Carrabba said Cliffs sold nearly 400,000 tons of pellets from its Minnesota and Michigan operations into the seaborne market last year.

To read the full market news, click here.

The Conversation (0)
×