By and large, it's good to have industry-low cash production costs in a
commodity industry, but even high-cost producers can do well when prices shoot up. That's exactly what investors in
Cliffs Natural Resources (NYSE:
CLF)
need to hope for in 2013, as this high-cost North American iron ore
producer just doesn't look very compelling absent a big improvement in
margins per ton.
Read the full article at Investopedia:
http://www.investopedia.com/stock-analysis/2013/Cliffs-Natural-Resources-Needs-Another-Iron-Ore-Boom-CLF-VALE-RIO-BHP0215.aspx
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