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Russian steelmakerEvraz expects prices for 61% Fe iron ore to...

  1. Matt747
    10,494 Posts.
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    31/08/13
    14:51
    Post #: 12270556
    Russian steelmakerEvraz expects prices for 61% Fe iron ore to average $125 per tonne cfr China over the next five years, the company’s president Alexander Frolov said on Thursday August 29.

    62% Fe Iron Ore Index stood at $140.30 per tonne cfr Qingdao on August 29.

    Fellow Russian steelmaker Severstal said on Thursday that it expects 62% Fe iron ore prices to average $130 per tonne cfrChinauntil the end of the year.
    IOH Price at posting: 92.0¢ Sentiment: Buy Disclosure: Held
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