iron ore price up, page-3

Chinese Premier Wen Jiabao has hinted at new stimulus measures to boost flagging growth saying China's economy "was showing signs of stabilising" and would likely meet the 7.5% expansion the government set for the year. He was speaking to the World Economic Forum in the eastern city of Tianjin. "We are fully confident that we have the capability to overcome difficulties on the way ahead, maintain fast and stable economic growth and realise development at a higher level and with better quality" he said. "Economic growth is still within the target range set at the beginning of the year."


Iron ore price up again - Up $4.20 to $100.20 having jumped $6 the day before.