Friday, February 15, 2013

Invetsopedia: Cliffs Natural Resources Needs Another Iron Ore Boom

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:

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