Iron-ore prices facing up to 30% decline in ’09 contracts, Kakela predicts

Nov 12, 2008 | 11:17 AM | Bryan Berry

Global iron ore prices will drop by 20 to 30 percent in next year's annual contracts, but the rate of decline will be less than that in the United States, Peter Kakela, professor of resources studies at Michigan State University, predicted at AMM's....

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