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BHP warns about Europe crisis on demand: reports

India Infoline News Service/ 13:08 , Jun 08, 2012

Reports stated that Prices of steel-making commodities such as iron ore and coal have tumbled in the past month as doubts re-emerge about the global economy and cooling Chinese growth rates.

BHP Billiton Ltd Chief Executive Marius Kloppers has reportedly said that demand for resources like iron ore, coal and copper will continue to suffer over the short term unless Europe's economic crisis is resolved.

Reports stated that Prices of steel-making commodities such as iron ore and coal have tumbled in the past month as doubts re-emerge about the global economy and cooling Chinese growth rates.

 



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