By Kishori Krishnan Exclusive To Iron Investing News The alarm bells have started ringing. On the sidelines of a mining conference, Rio Tinto said iron ore prices are certain to fall in 2009, the first decline in seven years, but not by the 50 per cent suggested by some steel makers. On the spot market, [...]
By Melissa Pistilli-Exclusive to Iron Investing News The Baltic Dry Index (BDI), what has been referred to as the “canary in the coal mine” for global trade health, rose 7.5 per cent on Friday. This latest development has injected a dose of optimism into the iron ore market. “Indications are that miners have been [...]
Iron is one of the most abundant elements on earth and accounts for 95% of worldwide metal production. It is key in the construction of machinery, tools, automobiles, ships, buildings, etc., due to its strength and low cost. Because pure iron is very soft, it is most often used in the form of steel. Metallic [...]
Wednesday, April 15, 2009