InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,304.80
(
0.47%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.62
(
0.23%
)
Bitcoin
61,764.86
(
0.25%
)
Post# of 7895
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

greasemonkeyshoes

Send PM Follow Ignore
Followers 24
Posts 3044
Boards Moderated 0
Alias Born 02/05/2008

greasemonkeyshoes

Re: None

Monday, 08/27/2012 2:17:00 PM

Monday, August 27, 2012 2:17:00 PM

Post# of 7895
"..Prices would probably find support at about $70 per tonne,
said a trader in Singapore, less than double the production cost
of top miners Vale SA, Rio Tinto Ltd and BHP Billiton Ltd .

BHP Billiton last week shelved two expansion plans worth at
least $40 billion, blaming soaring development costs and falling
commodities prices....."

http://www.reuters.com/article/2012/08/27/markets-ironore-idUSL3E8JR1AL20120827
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up