Archive for October, 2008

ThyssenKrupp optimistic for steel outlook in 2009

By Christiaan Hetzner FRANKFURT, Oct 4 (Reuters) – The top executive at ThyssenKrupp’s (TKAG.DE: Quote, Profile, Research, Stock Buzz) core steelmaking division expressed confidence that emerging markets would keep the steel boom alive next year even as economic growth slows. “We are confident. The optimism is based on the continued favorable outlook for the global [...]


Outlook for iron ore said strong despite current downturn

The global iron ore market is strong and prices are expected to rise over the next few years, the Euroforum iron ore conference in Berlin was told yesterday.

”Market fundamentals are very strong. I am convinced iron ore price rises will continue for a few more years, and when they do fall it will not be [...]