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Re: Japan mills agree benchmark 65 pct iron ore price rise
Post 1 of 2
Replying to [Admin]: it could be the results of the smart planning what they did is to break down the expected increase from 50% to 10 % and the rest 40% will be added within a year but for now the stocks are on the rise because this growth is easily absorb by the production so that in same pace other increases will be handled to let stock continuesly rise while negative facts are mitigated and managed so the economy continue it march .
24 Feb 2008 17:35
Post 2 of 2
WSBinc
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Replying to [indiarice]:With the cost of Iron Ore skyrocketing many people will need a low cost alternative. I have found what I beleive to be a wonderful solution, partially processed low grade iron ore otherwise known as copper slag. Copper slag has 40.5% iron ore and can be purchased for $23 mt FOB. I just recently got one of our clients into a contact for this which took a while do to them needing to test it first.which after smelting it down they were able to extract the iron.

This may well be the way for many small refineries to go if the price of Iron Ore keeps going up. If you have people that need iron ore offer them the alternative solution and watch your profits soar.
11 Mar 2008 04:55
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