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Big Three Global Miners May Raise Iron Ore Prices In Q3

作者:25 發(fā)布時(shí)間:2010-05-20 文字大?。?span id="da">【大】【中】【小】
 The big three global iron ore miners, Rio Tinto, BHP Billiton and CVRD might raise the prices of iron ore  by 30-50 percent in the third quarter, reports 21st Century Business Herald.

According to an insider from the steel industry, CVRD might offer to sell iron ore to China’s steelmakers at $160 per ton from July, an increase of 23 percent quarter-on-quarter.

Posco, South Korea’s largest steelmaker, announced in April that they were offered iron ore from CVRD at prices of between $100-105 per ton.

 

At present, the big three account for two thirds of the world’s iron ore market.

Sourced from www.capitalvue.com