Saturday, April 01, 2006

Iron ore negotiations stall - contract prices likely to go higher [MEPS]

This year's iron ore price settlement turned in recent weeks from private negotiation to public argument. China's very public interventions were followed by threats of government-imposed price caps - and whilst negotiations are currently stalled it seems likely that the final iron ore price settlements will go higher.

For more, see MEPS' latest report at: http://www.meps.co.uk/viewpoint3-06.htm

blogger@steelonthenet.com

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