Articles Tagged "iron price"

Expanding Iron Ore Supply Weighs on Price

Iron – By 2015 iron ore production is set to grow by 53 percent. This has worried investors that falling prices will hurt the bottom line of some of the world’s largest mining firms. Recent movements in share prices have reflected these concerns. Yet the heads of the BHP, Vale, and Rio Tinto remain confident.

More Iron from India May not Relieve Steelmakers’ Pain

Iron – High iron ore prices are a reality steelmakers have been trying to cope with. There are hopes that recent progress toward lifting an export ban in India will provide some relief, however, those hopes may be met with disappointment.