Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Steel, iron ore prices likely to soften as demand destruction in China takes hold

Andrew Topf | October 05, 2011 | 5:52 am Asia Australia China Europe Iron Ore 

John Garnaut identifies a disturbing trend for iron ore exporters, with Chinese steel prices falling and iron ore prices expected to follow, he writes in the Sydney Morning Herald.  Garnaut quotes Chinese analysts saying that capacity utilization is declining because...

Mining.com Recommends