Reuters reports that iron-ore prices are flat today as China’s Lunar New Year holiday kept markets closed. The article states: Prices are expected to resume their rally when the Chinese markets reopen on Wednesday on persistent worries about tight supplies through the first half of 2011. To read the full story, click here.
Continue reading "Iron-ore Prices Should Rally when China’s Market Reopens"
Tuesday, November 18, 2008
By Melissa Pistilli-Exclusive to Iron Investing News Customers of the world’s three largest iron ore producers have asked for shipment deferrals leading the big miners to consider production cutbacks. Vale [NYSE: RIO], the world leader, has cut output by 10 per cent and maintains it will cooperate with customers needs. Rio Tinto [RTP] has also [...]
Continue reading "BHP sees no need to cut production"
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Monday, February 7, 2011