BHP Billiton increase its iron ore sales
BHP Billiton announced that the company raised its
iron ore sales due to strong demand from
China.
Company officials stated that
BHP Billiton's sales of
iron ore into
China have raised from 12 million tons in 2001 to 18 million tons in 2003.
In addition,
BHP's
iron ore margins have been increased by more than $2 per ton.
BHP stated that the improvement in the
iron ore margins depend on the removal of agents from a market.