SPCC_SD
SL_250Y_4D_SL_330Y
S50CM
ASTM_A684_1065MOD_1070
SK85M
SILICON_ELECTRIC_STEEL
SECC
 
 
     
  6/23/2010  
  Iron ore price expected to rise average 12.4% next year

 

     
  It is reported that analysts expect that iron ore prices will rise by average 12.4 percent in 2011 after a 93.5 percent hike this year on strong demand in China, said Morgan Stanley.

It is expected that the price will be sold average US$126.7/ton in 2011 as well as the coal price will rise 52 percent this year to US$196/ton.

One report yesterday said China’s newly arrival iron ore prices came at US$143.8/ton according to the Steel Index. It is the price hike of 21 percent this year.