Australian iron-ore projects face delays due to China’s downturn
Low-grade iron-ore projects worth more than $10 billion in Australia face possible risk particularly due to China’s declining demand for iron ore. For full story, click here
Low-grade iron-ore projects worth more than $10 billion in Australia face possible risk particularly due to China’s declining demand for iron ore. For full story, click here
New contracts being negotiated at lower prices are welcome at a time when weaker demand for steel from key user sectors has resulted in the government-owned firm’s volumes falling by about 20 per cent in the December 2008 quarter. For full story, click here
Steel units in Orissa’s Kalinganagar Industrial Complex on Wednesday accused Orissa government of arbitrarily fixing iron ore prices and demanded the price should be lowered during economic slowdown. For full story, click here
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