Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
Continue reading "Chinese Iron Ore Boycott Unsustainable"
Tuesday, August 26, 2008
By Melissa Pistilli – Exclusive to Silver Investing News Traditionally, the price of iron ore has been calculated using a global benchmarking system that typically involved one of the three major producers of seaborne iron ore-Vale, Rio Tinto, BHP Billiton-negotiating annual prices. This system often takes months to reach a final resolution. This year, however, [...]
Continue reading "Say Goodbye to the Benchmark System"
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Monday, May 3, 2010