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Goldman Sachs forecast 40% dip in iron ore price

March 19, 2009 @ 10:02 am In Iron Company News

Goldman Sachs reported that it has deepened its contract iron ore price forecast to a record 40% decline because of slumping global steel production.

For full story, click here [1]


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[1] here: http://steelguru.com/news/index/2009/03/19/ODY4MDI%3D/Iron_ore_price_negotiation_-_Goldman_forecast_40%2525_drop_in_iron_ore_price.html

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