Iron-ore prices may rise 50% or more in 2010 – CRU's Newman

Iron-ore prices will likely be at least 50% higher this year compared with 2009, CRU Strategies Consultants COO Phil Newman said on Sunday. He was relieved to find, through a show of hands, that most of his audience on the first day of the...

Expert predicts 25% fall in '09 iron-ore contract prices

Iron-ore contract negotiations this year between the big three producers and key customers will likely end with prices about 25% lower than in 2008, CRU Strategies Consultants COO Phil Newman said on Sunday. Some market watchers are predicting...