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Reuters reports that Cliffs Natural Resources (NYSE:CLF) will shift its focus away from North America as it sees strong demand for iron ore from China and other Asian markets.
Reuters reports that Cliffs Natural Resources (NYSE:CLF) will shift its focus away from North America as it sees strong demand for iron ore from China and other Asian markets.
The article is quoted as saying,
“We are fairly optimistic to be honest, we think that China is continuing (to grow),” said Chief Financial Officer Laurie Brlas at the Reuters Global Mining and Steel Summit.