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    iron investing

    Iron Ore-Prices edge up, tight supplies support

    Investing News Network
    Nov. 02, 2010 07:12AM PST
    Base Metals Investing

    Reuters.com reports that the price of Iron Ore was driven up on Tuesday because of tightening supply.

    Reuters.com reports that the price of Iron Ore was driven up on Tuesday because of tightening supply.

    The story is quoted as saying:

    Availability from India has been tight since the southern state of Karnataka banned iron ore exports from late July in acrackdown on illegal mining. Shipments from Karnataka comprise around a quarter of exports from the country, the world’sthird-largest supplier.

    To access the full story, click here.

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