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 [...]
Continue reading "Baosteel To Edge Out Xstrata in Anglo American?"
Thursday, May 14, 2009
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 [...]
Continue reading "ICAP has launched iron ore derivatives brokerage"
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Monday, October 5, 2009