Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
* Fortescue says months could pass before iron ore price recovers * Says Chinese steel mills must first conclude destocking * Raises $1.5 billion to pay for big mine expansion work (Recasts, adds quotes, details, share price) Oct (KOSDAQ: 039200.KQ -…