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 [...]
Malaysian Iron and Steel Industry Federation (MISIF) president Chow Chong Long said scrap iron prices could firm up in tandem with iron ore prices and steel prices. For full story, click here
Current scrap price in East Coast hit USD 230 per tonnes to USD 240 per tonnes, shredded scrap price at USD 220 per tonnes to USD 230 per tonnes, while H1 scrap price reached USD 195 per tonnes to USD 205 per tonnes. For full story, click here
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