Articles Tagged "monsoon"

Asia Iron Ore India has neared $100 on China Demand

India’s iron ore prices moved closer to $100 a tonne on Thursday on strong inquiries from China and smaller than usual supplies owing to the monsoon. Raja Dhupar, vice president of Yazdani International Pvt Ltd, stated: A lot of people want to buy, but not everybody can provide supplies. For full story, click here

India’s Iron Ore surged $60/T

India’s iron ore prices have surged to $60 a tonne free on board for the first time since early March, with bigger inquiries coming from China and a cut in supplies owing to the monsoon. Gaurav Atha, managing partner at K.N. Ram & Co, a miner and exporter in east India, stated: We are getting [...]