Copper $ 5.4315 / lb 0.07%
Brent Crude Oil $ 59.87 / bbl -1.27%
Palladium $ 1787.5 / ozt 7.42%
Crude Oil $ 56.08 / bbl -1.22%
Natural Gas $ 3.912 / Btu -4.98%
Silver Futures $ 65.25 / ozt -1.89%
Aluminum Futures $ 2918.75 / ton 0.49%
Micro Gold Futures $ 4364.7 / ozt -0.16%
Micro Silver Futures $ 65.24 / ozt -1.81%
Platinum $ 1970.4 / ozt 2.00%
Gold Futures $ 4364.4 / ozt -0.16%
Go to MDC Markets

Report: Iron ore price at $90 in December and widening surplus to at least 2018

Frik Els | April 04, 2013 | 5:41 pm Australia China Latin America Iron Ore 

A new report by Morgan Stanley forecasts that the supply of seaborne iron ore – currently just above 1 billion tonnes per year – will grow 9.1% in 2013, overwhelming demand and pushing the market for the steelmaking raw material...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now