IRONAWE you can pick up news from the STEELGURU.COM
this is the latest FYI
Friday, 04 Dec 2009
Iron prices continued downtrend by another dip of 1% to 2.5% since December 1.
Chinese mills seem to be going slow on bookings as winter sets in the Northern region centre of steel majors.
Grade Change
Fe 63.5/63% -1.2%
Fe 63.5/62.5% -1.3%
Fe 63/62 % -1.3%
Fe 62 / 61% -1.3%
Fe 61 / 60 % -1.4%
Fe 60/59 % -1.5%
Fe 59 / 58 % -1.6%
Fe 58 / 57% -1.7%
Fe 57/56 % -1.8%
Fe 56/55% -1.9%
Fe 55/54 % -2.1%
Fe 54/ 53 % -2.3%
Fe 53/52 % -2.5%
prices are FOB India
Change as on December 3rd 2009 as compared to December 1st 2009.
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