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    iron investing

    Commodities: China’s May Report

    Investing News Network
    Jun. 08, 2012 10:47AM PST
    Base Metals Investing

    CNBC reported on commodities trading in China for the month of May, noting iron ore is expected to see little change.

    CNBC reported on commodities trading in China for the month of May, noting iron ore is expected to see little change.

    As quoted in the market news:

    Traders said they expected iron ore imports to register only a slight monthly drop in May. Although some deliveries were being deferred, steel mills were still defying sluggish demand and producing close to full capacity, making a sharp fall in shipments unlikely

    Click here to read the full CNBC report.

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