Reuters reported that according to Vale SA, the iron ore market is doing quite well and due to high demand from China, the price of this steelmaking ingredient will not go below $110 per ton.
Articles Tagged "pig iron"
Mining Weekly reported Vale (NYSE:VALE,SAO:VALE5) it has started a demonstration plant to test and further develop technology which can produce pig iron.
The prices quoted by the suppliers are too high so that pig iron purchasers in Far East are still holding off from purchasing. For full story, click here
By Kishori Krishnan Exclusive to Iron Investing News The talks haven’t borne fruit, as yet. Even as news comes filtering in that China has landed a 40 per cent price cut with the Top Three ore miners, final iron ore talks for fiscal 2009/2010 have yet to see the light of day. Shan Shanghua, secretary-general [...]