Iron – Mineweb.com reports that the Chinese Steel & Iron Association ( CISA) is engaged in talks for the price of iron next year, on the heels of having officially adopting a quarterly pricing scheme.
Articles Tagged "cisa"
Spot aluminum premiums have climbed to their highest price in nearly five years, in the face of mounting warehouse stockpiles. The amount of aluminum stored in warehouses has climbed to a 32-year high.
Iron – Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
Iron Investing News reports spot price for iron have been fluctuating and some companies are taking advantage of it. In the meantime, the trio – Rio Tinto, Brazil’s Vale and BHP have been taking advantage of spot prices in iron, which have been on the way down because of China’s growing steel glut, though still well [...]