By Kishori Krishnan Exclusive to Iron Investing News The talks haven’t borne fruit, as yet. Even as news comes filtering in that China has landed a 40 per cent price cut with the Top Three ore miners, final iron ore talks for fiscal 2009/2010 have yet to see the light of day. Shan Shanghua, secretary-general [...]
Continue reading "Iron Ore Prices To Linger Low"
Monday, March 9, 2009
Chinese steelmaker Hunan Valin Iron & Steel Group Co Ltd announced that it would purchase a further 0.9% stake in Australian iron mining company Fortescue Metals Group Ltd thus raising its total stake to 17.4%. For full story, click here
Continue reading "Hunan Valin to raise its stake in Australian iron mining company"
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Thursday, April 2, 2009