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Re: Democritus_of_Abdera post# 3541

Tuesday, 01/17/2012 3:25:44 AM

Tuesday, January 17, 2012 3:25:44 AM

Post# of 30547
BHP/VALE/CLF—Steel-industry expert predicts average spot iron-ore price of $150-160/tonne in 2012:

http://online.wsj.com/article/SB20001424052970203721704577159271444545952.html

The midpoint of this range is 8% lower than the 2011 average of $168/tonne and is 5% higher than the 2010 average of $146/tonne.

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