Iron Ore Steel Futures Increase in Shanghai
Reuters reported that the Shanghai Futures Exchange shows a rise in iron ore futures which traders have attributed to the rising costs as well as optimistic outlook.
Reuters reported that the Shanghai Futures Exchange shows a rise in iron ore futures which traders have attributed to the rising costs as well as optimistic outlook.
Sydney Morning Herald reported that the Bureau of Resources and Energy Economics (BREE) has increased its prediction of the price of iron ore Wednesday, from $US101 to $US106 per tonne.
A brief overview of iron price developments, supply and demand and significant market movers.
Mining Weekly reported a new Roskill report predicts that while its likely iron ore will remain volatile.
Reuters reported BHP Billiton (NYSE:BHP) says it will expand its iron ore production by a fifth in the next year.
Reuters reported Roger Agnelli's mining venture is considering a purchase of BHP Billiton's (NYSE:BHP,ASX:BHP) Mount Nimba iron ore deposit in Guinea.
Bloomberg reported the Chinese government has issued a stimulus to help support iron ore prices $120 higher a metric ton next year.
Bloomberg reported iron ore swaps traded 33 percent lower in October after reaching a record of 17.7 million metric tons in September.
Reuters reported in the hope steel mills will continue to boost production in China spot iron ore prices held near $120 a tonne.
Reuters reported on the disconnect between the increase in iron ore imports to China and the decrease in coking coal to the country.
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