Oversupply has China facing drop in '06 iron ore prices, agency says
Dec 06, 2005 | 09:30 AM
| Hongmei Li
Iron ore prices should fall in 2006 as growth in supply will outstrip increased demand by 12 million tonnes, China's Ministry of Commerce said.Major suppliers will put another 62 million tonnes of iron ore into the market next year, exceeding demand growth of 50 million tonnes, the ministry said in a statement Monday.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.