Subscribe to RSS feedIndia jacks up iron ore prices
by
Obsidian
—
last modified
Feb 19, 2009 12:00 AM
India's iron ore export prices are expected to double from last year's low as China, the world's biggest steel producer, raises purchases, an industry group said.
Prices for immediate delivery are expected to rise to as much as US$90 per tonne in the near-term from US$45 in November, Federation of Indian Mineral Industries secretary-general RK Sharma said.
India's iron ore exports in December rose 38%,...
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