Iron ore prices on the rise

By lparth at 30 July, 2008, 10:09 am

BHP Billiton Ltd, one of the 3 major iron ore exporters, has struck a price increase of 97% from Chinese Steel makers for the iron ore lumps for 2008-09.This is similar to the agreement of Rio Tinto Group with Baosteel Corporation of China. For the iron ore fines, the price increase is around 79.8 %.
National [...]

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