Tag Archive | "rebounds"

Baosteel To Edge Out Xstrata in Anglo American?

Monday, October 5, 2009

By Kishori Krishnan Exclusive To Iron Investing News Iron clad deals are in play. Chinese steel and iron ore group Baosteel has proposed to pay US$ 1.6 billion for a 30 per cent stake in Anglo American‘s (AAL.L) huge Minas Rio iron ore mine in Brazil. Traders maintain that any deal with Baosteel could help [...]

Iron Ore Price Negotiations- Spot Iron Ore will trade above Contract

Thursday, July 23, 2009

Goldman Sachs JBWere Pty cash prices for iron ore into China will trade at more than the benchmark Asian contract price for at least the next 12 months as demand from steel makers’ rebounds. For full story, click here

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