Prices for construction materials set to remain high, according to BHP

One of the world’s largest mining companies says it expects no dip in global prices for key commodities such as copper and steel over the coming year

17th August, 2021
Prices for construction materials set to remain high, according to BHP
BHP said it expects global prices for iron ore, steel, copper and other metals to remain high over the coming months. Picture: Getty

Record prices for metals such as copper and iron ore helped BHP Billiton, the international mining company, post bumper profits for its 2021 financial year.

Global commodity prices for metals, food staples and other raw materials have soared over the past year due to tighter supplies and surging demand as economies reopened after Covid-19 lockdowns and government stimulus in large economies.

BHP said it expects global prices for iron ore, steel, copper and other metals to...

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