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Old 08-29-2011, 10:53 AM   #1
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Default according to analysts.

Full article in Chinese: http://www.caijing.com.cn/2009-09-04/110239285.html,Abercrombie and Fitch paris

» The spot and contract prices of iron ore are starting to converge at about US$80 a ton after a three-week slump of the spot price,louboutin chaussure, steel industry analysts said.
» The spot price of 63 percent grade Indian fine ore was US$81 to US$83 per ton on Sept. 4 on a cost and freight basis,louboutin chaussure pas cher, down about 25 percent from a four-month high of US$110 per ton on Aug. 10,Abercrombie and Fitch, according to steel research house Mysteel.
» Steel prices began to slide in early August. The spot price of iron ore is not expected to pick up until late September at the earliest,Abercrombie & Fitch, according to analysts.
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Full article in Chinese

Full article in Chinese

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