Spot Iron Ore Import Price in China has surged on Economy Recovery
Securities Daily declared that Chinese spot ore imports price has posted relentless upswing fueled by a rebound in the economy. For full story, click here
Articles Tagged "economy"
Iron ore price negotiations forecast revised down
Global miners and steel firms are locked in annual talks to settle iron ore term prices for the year starting April 1st and analysts are lowering their price forecasts as a dwindling global economy is set to cut steel output sharply. For full story, click here
Iron Market: Heading For A Glut?
By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
Iron price set to find its equilibrium
By Kishori Krishnan Exclusive To Iron Investing News The closure of major steel operations in the Hamilton area are set to reverberate around the economy, potentially affecting everyone from iron ore producers in Quebec and Labrador to coal companies in Western Canada. Pittsburgh-based United States Steel Corp. has said it will indefinitely idle operations at [...]
Posco will grow despite economy
Posco will continue to decline output in March amid a sluggish global steel market but will remain active in investment. For full story, click here
