Australia Archives - Inflation Watch https://inflationwatch.drduru.com/tag/australia/ Watching for inflation here, there and everywhere Wed, 03 Feb 2010 17:32:13 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/inflationwatch.drduru.com/wp-content/uploads/2025/07/cropped-new-hp-money-printing-plates.png-1.webp?fit=32%2C32&ssl=1 Australia Archives - Inflation Watch https://inflationwatch.drduru.com/tag/australia/ 32 32 246324047 Iron Ore Prices May Spike Higher Than Expected https://inflationwatch.drduru.com/iron-ore-prices/?utm_source=rss&utm_medium=rss&utm_campaign=iron-ore-prices Wed, 03 Feb 2010 17:32:13 +0000 http://inflationwatch.wordpress.com/?p=969 Reuters reported that Australian miners are seeking a 40% increase in contracted iron ore prices for 2010. This is in stark contrast to the 20-30% increase that the China Iron and Steel Association expected for 2010. The differential could lead to more contentious price negotiations – similar to what occurred at the beginning of 2009 […]

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]]> Reuters reported that Australian miners are seeking a 40% increase in contracted iron ore prices for 2010. This is in stark contrast to the 20-30% increase that the China Iron and Steel Association expected for 2010. The differential could lead to more contentious price negotiations – similar to what occurred at the beginning of 2009 – especially given some nervousness about whether steel demand will continue to increase robustly this year.

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