Friday, September 14, 2007

Iron ore prices 2008

Reports are coming in that the forthcoming round of iron ore price negotiations could result in some quite large price increases once again.

The main issue seems to be the very tight iron ore market today. Price negotiations are therefore expected to move one way only - and this is upwards.

Some analysts even consider that the 2007 / 2008 iron ore price rise - in percentage terms - could even be as high the 71% rise seen around March 2005.

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Blogger 傲天 said...

Very good. Our company owns mine in Indonesia, and never know that there are reports link this on the internet. Thanks for the intro, will definitely buy one and examine.

 8:04 PM  

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