BHP increases focus on iron ore following interim report
After the first half of the year, mining giant BHP Billiton expects an increased demand for steel, and the company plans to focus on iron ore, copper, coal and oil.
BY RITZAU FINANS AND LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH
BHP Billiton - one of the four largest mining companies in the world alongside Rio Tinto, Vale and Fortescue - has published a half-year result that failed to live up to the company's expectations, but which bodes well for the dry bulk carriers' expectations.
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