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Posts related to ‘iron ore’

Commodity Shipping Continues Declining (DRYS, GNK, DSX, SEA, FRO, TK)

Posted: July 1, 2010 at 11:56 am

The Baltic Dry Index, which tracks global shipping rates, has fallen for 24 consecutive days, its longest losing streak since August 2005. The BDI closed at 2,406 yesterday, its lowest ...
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Rio Tinto Boosts Iron Ore Production But Faces Speed Bumps

Posted: April 15, 2010 at 2:58 pm

During the first quarter of 2010, Rio Tinto plc (NYSE:RTP) boosted production of iron ore by 39% compared with the same period last year. The primary driver, as expected, is China, where ...
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New Pricing Scheme for Iron Ore Attacked

Posted: April 2, 2010 at 10:50 am

For the past 40 years, the price of iron ore has been set annually in a negotiated deal between miners and buyers. Typically, the first large customer to cut ...
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