February 2011 | Steel Raw Materials
MBR’s Steel Raw Materials Index rose 1.2% entering the final week of February: Latest Analysis
It is no surprise, though, that coke prices for export from China are on the rise.
MBRs Steel Raw Materials Index rose 1.2% entering the final week of February as iron ore and coke prices continue to climb.Iron ore prices, however, may have reached a peak as the fundamentals appear poised to affect prices to the downside now. Firstly, domestic Chinese iron ore mining has been ramped up over the past year...
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