By Melissa Pistilli-Exclusive to Iron Investing News As China’s economic growth began to slow into the third quarter this year, many pointed a finger at factory closures during the Olympics. But now there is little doubt that the spreading global economic crisis is taking a toll on Asia’s largest boom economy. And it’s becoming quite [...]
Read the full article: "Waning chinese growth affects iron prices"
Wednesday, October 8, 2008
By Melissa Pistilli-Exclusive to Iron Investing News Tuesday afternoon, crippled resource stocks gained relief from the Fed’s emergency interest rate cut. The resource market seemed to benefit the most. The S&P/ASX 200 materials index, with 43 stocks related to the resource market, bounced back 2.9 per cent. Metals prices have fallen dramatically from their bull [...]
Read the full article: "Iron market pins hopes on China"
Wednesday, October 1, 2008
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Read the full article: "China does not need Vale anyway"
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Tuesday, October 21, 2008