Iron Ore Steadies on Slowed Demand For China Holiday
Reuters Africa reported iron ore prices steadies as demand slowed with the approach of Lunar New Year.
Reuters Africa reported iron ore prices steadies as demand slowed with the approach of Lunar New Year.
Reuters reported Vale (SAO:VALE5) has not yet sold its first iron ore shipment to China, instead it has stored the material near port.
Reuters reported spot iron ore prices inched up on Friday, even as trader avoided large purchases of the steel making ingredient.
Reuters reported spot iron ore prices remain unchanged on Tuesday.
SMH reported Fortescue Metals (ASX:FMG) says iron ore will see strong prices in 2012 with quick declines.
Reuters reported sellers of iron ore slashed prices further on Tuesday as spot rates fell the most in a month.
Bloomberg reported OneSteel Ltd. (ASX:OST) said iron-ore prices will further rise next year as inventories in China remain low.
Reuters Africa reported iron ore may stretch its winning streak to a third week, supported by Chinese buying interest and tight supply.
Reuters reported iron ore's steepest ever price slide on Tuesday reflects slowing growth in top consumer China.
Reuters Africa reported spot iron ore prices are likely to stretch losses this week after falling last week on lower demand from China.
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