Iron Investing News » Iron ore to dip further amidst falling global steel demand

Iron ore to dip further amidst falling global steel demand

March 27, 2009 @ 11:48 am In Iron Market News

Iron ore, the prime raw material for making steel may have to see a further dip in prices. While the steel demand has declined heavily, iron ore prices, which more than doubled last year, remain vulnerable to a decline.

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[1] here: http://economictimes.indiatimes.com/Economy/Iron-ore-to-see-further-decline/articleshow/4315132.cms