Tag Archive | "consumer"

Baosteel To Edge Out Xstrata in Anglo American?

Monday, October 5, 2009

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 [...]

India’s Iron Ore Exports Surged On Higher China Demand

Tuesday, July 7, 2009

India’s iron-ore exports surged in May after slipping for two months as China, the world’s leading consumer of the steel-making raw material, increased purchases. For full story, click here

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