Iron Ore: Slows on Economic Woes in China
Reuters reported iron ore and other commodities trading has slowed on worries that growth is slowing in China.
Articles Tagged "iron ore prices"
Iron Ore Steadies on Recent Rally
Reuters reported iron ore steadied as investors retreated after a brief rally on Thursday.
Spot Iron Ore Prices Unchanged
Reuters reported spot iron ore prices mostly remained unchanged in China with no rush to return to trading.
2011 Iron Ore Market Trends
Iron ore prices hit record highs in early 2011, only to fall in the second half of the year on reduced demand steel demand for China. Nonetheless, iron ore producers seized the opportunity to invest in the expansion of their current iron ore projects across the globe.
Steel Demand Boosts Iron Prices, Caution Remains
The price of iron ore has made a 26 percent gain over since hitting a low in late October. However many are cautious that the gains will be short lived because of the soft demand for steel.
Iron Ore-China Steel Futures Edge Up, Ore Extends Gains
Reuters Africa reported Shanghai steel futures rose after data showed slower Chinese inflation.
Vale Open to Different Iron Ore Pricing
Reuters reported Vale (NYSE:VALE,SAO:VALE5) is open to discussing different iron ore pricing systems with its clients, as prices have tumbled.
Expanding Iron Ore Supply Weighs on Price
By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.
Iron Ore-Spot Prices Hold Firm, Steel Output Resilient
Reuters Africa reported spot iron ore prices in China held steady at around $190 per tonne, supported by the country's resilient steel output.
Baosteel Says Buying Iron Ore Based on Quarterly Pricing
Reuters reports Baoshan Iron & Steel (SHA:600019) is currently buying iron ore based on quarterly prices calculated using Platts' iron ore index.
