“I don’t believe for one moment this is linked to some of the higher level issues of relationships between China and the rest of the world.” - Mackenzie
Iron ore continues to influence the ferrous complex, steel prices reflect the rising cost of iron ore and producers are passing it on to the consumers.
Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.
The investigation could lead to provisional duties being applied within nine months and definitive duties, typically in place for five years, in 15 months.