Posts Tagged Iron Ore Prices
Iron Ore Prices Are On The Rise
Posted by blodmell in Uncategorized on April 11th, 2010
Iron ore prices are on the rampage and CR Capital estimates that it will continue. Spot prices into China of more than $US150 ($160) a tonne represent a $US90 a tonne or 150 per cent increase on last year’s benchmark prices. That’s pretty special given that it can cost less than $US30 to produce a tonne of the stuff.
Vale Asked Steelmakers To Accept a 50% Increase in the Prices of Contract Iron Ore, A China Daily Reported Today
Posted by blodmell in Uncategorized on March 5th, 2010
This is right in line with our positive view iron ore prices and for VALE.
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