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 [...]
Continue reading "Baosteel To Edge Out Xstrata in Anglo American?"
Wednesday, April 15, 2009
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, [...]
Continue reading "Iron Market: Heading For A Glut?"
Wednesday, March 11, 2009
By Kishori Krishnan Exclusive To Iron Investing News The closure of major steel operations in the Hamilton area are set to reverberate around the economy, potentially affecting everyone from iron ore producers in Quebec and Labrador to coal companies in Western Canada. Pittsburgh-based United States Steel Corp. has said it will indefinitely idle operations at [...]
Continue reading "Iron price set to find its equilibrium"
Friday, December 26, 2008
Prices of ore fines would fall by about Rs 500 per tonne. NMDC sells calibrated iron ore between Rs 4,000-5,500 per tonne and fines at around Rs 3,000 per tonne. For full story, click here
Continue reading "Prices of ore fines would fall by about Rs 500 per tonne"
Monday, December 22, 2008
Prices of ore fines would fall by about Rs 500 per tonne. NMDC sells calibrated iron ore between Rs 4,000-5,500 per tonne and fines at around Rs 3,000 per tonne. For full story, click here
Continue reading "Prices of ore fines would fall by about Rs 500 per tonne"
The Iron Ore Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Monday, October 5, 2009