May 2008 | Steel Raw Materials
Indian spot market exporters the main losers: Iron Ore Analysis
Indian spot market exporters continue to be the main losers in the current market climate. With rising ore port inventory costs in China - following the government National Development & Reform Committee’s issuing of a directive instructing steelmakers and ore traders to whittle down port ore stocks - the market is in transition.
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Indian spot market exporters continue to be the main losers in the current market climate. With rising ore port inventory costs in China - following the government National Development & Reform Committees issuing of a directive instructing steelmakers and ore traders to whittle down port ore stocks - the market is in transition.
Throughout this transition we are likely to see less...
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