Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Turkish longs exports, which in mid-October were touching $675/t to $690/t fob, have now sunk to levels of $655-660/t (€463-466/t) fob for rebar and $670/t fob for wire rod (mesh).