Baltic dry index: Iron market revival
Iron Investing News reports iron-ore market see optimism with the rise in BDI. “Indications are that miners have been selling more iron ore on the spot market, less expensive to steel producers than...
View ArticleWeak steel demand takes a bite out of molybdenum
Moly Investing News reports moly prices are at around $9 per lb. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent...
View ArticleIron Ore Prices To Linger Low
Iron Investing News reports price of iron ore will be staying at a low mark. 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...
View ArticleIron Ore Mine Re-opens
Iron Investing News reports iron prices have dropped due to the recession. Many mine workers left the area while the mine was closed. Local businesses took a big hit. “We had five hard weeks. It was...
View ArticleChina Accepts Defeat On Iron Pricing?
Iron Investing News reports iron-ore pricing issue is going nowhere with China. China, by far the biggest user of imported iron ore, has tried for months to leverage its size and growing influence to...
View ArticleRebounding Steel Demand Bodes Well for Molybdenum
Projected growth for steel combined with Chinese firms investing in foreign molybdenum producers could provide investors with unique opportunities at a good value. Continue reading...
View ArticleIndian Steel Producers Aggressively Seek Raw Materials
While demand for steel is expected to cool off slightly in 2011, Indian steel manufactures are aggressively seeking raw material acquisitions such as manganese mines in South Africa. India hopes to...
View ArticleEvraz Sees Vanadium Demand Coming Mostly from Steel Producers
Evraz has ramped up its vanadium operations in recent years with acquisitions and is an important player in the world vanadium market, producing various products.Continue reading...
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