CRU: Iron Ore prices will Drop in '09
A new analysis by CRU predicts that iron ore prices, at all-time highs this year, will trend down after 2009.
By Staff -- Purchasing, 4/10/2008
A new analysis by CRU predicts that iron ore prices, at all-time highs this year, will trend down after 2009, when supply matches up with demand. And after 2010 "prices will fall off moderately, but they won't necessarily drop dramatically," said Helen O'Malley, consultant in steelmaking raw materials at CRU.
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