By Kishori Krishnan Exclusive To Iron Investing News Iron clad deals are in play. Chinese steel and iron ore group Baosteel has proposed to pay US$ 1.6 billion for a 30 per cent stake in Anglo American‘s (AAL.L) huge Minas Rio iron ore mine in Brazil. Traders maintain that any deal with Baosteel could help [...]
ICAP Plc. has declared that it has launched a new brokering service for global iron ore derivatives, offering market participants the ability to offset risk exposure in the base metal. Paul Newman, Managing Director of ICAP Energy Ltd., stated: By combining ICAP’s voice brokering expertise with its global electronic footprint we are well placed to [...]
Get our independent commentary on iron trends and companies delivered to your inbox.
