Commodity Prices | Forex Trading


Archive for the 'Commodity Prices - Steel' Category

Bulk Commodities Prices To Fall Further; Demand Slows

Dow Jones Newswires, 02:32 ET (07:32 GMT) 17-Nov-2008
by Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–Commodity markets have got off to what appears to be another rough week, with BHP Billiton Ltd.(BHP) confirming it has been asked to defer up to 5% of planned iron ore deliveries this year and Macquarie Bank sharply lowering […]

Shocks for ore miners as steel demand drops

Herald Sun (Melbourne) 04-Nov-2008
Shocks for ore miners
by Stephen McMahon, with BLOOMBERG
THE Australian mining sector may be forced to radically scale back iron ore production as demand for steel crumbles due to the global slowdown.
Only days after announcing a major cut in its iron ore production levels, Brazilian mining giant Companhia Vale de Rio Doce has […]

Fortescue Says Iron-Ore Prices May Increase as Much as 50%

Bloomberg, 22:38 (New York) 12-Feb-2008
By Debarati Roy
Feb. 13 (Bloomberg) — Fortescue Metals Group Ltd., building a A$2.7 billion ($2.4 billion) iron-ore project in Australia, said prices of the steelmaking material may rise as much as 50 percent from April because of higher demand.
“China and India are booming and demand from other countries in Asia is […]

Rio sees more metals commodity price records ahead

Mineweb.com 13-Feb-2008
Rio Tinto’s Chief Economist believes that strong demand from China and other developing nations will counteract any weakness in Western economies and that some metals commodity prices may not yet have reached their cyclical peaks.
LONDON (Reuters) -
Commodity prices may shatter recent records and hit fresh peaks as buoyant demand for metals is little affected […]