CAPITAL MARKETS

CVRD unfazed by high iron ore price

TALK of a fall in the iron ore price at next year’s round of talks between producers and customers has been played down by Brazil’s iron ore giant, CVRD, which believes there might even be scope for another price rise.

MiningNews.Net
CVRD unfazed by high iron ore price

CVRD’s chief financial officer, Fabio Barbosa, told analysts that his company was in a comfortable position to negotiate a price rise in 2006. Business News Americas reported Barbosa saying that: “There...

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