Iron supply raises concerns about the price

Note: This section contains information in English only.
Source: Bloomberg
Ore price increased by 0.7% to $154.20 per a dry ton on Monday, but estimations for 2013 are negative. Analysts say that the price might reach a $170 benchmark in the first half and after that plunge by 35% by the end of the year. Price may change so radically as China increases production, this in turn will cut import demand of the world's biggest buyer in the second half of the year.
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Tue, 05 Feb 2013 11:47:03 GMT

Chinese equities appreciate for a seventh day

The Shanghai Composite Index was higher by 0.2% to 2,433.13 points in Asian trading session on Tuesday. The index was in the highest level since May, 2012 and it is estimated at 13.40 times reported profit, the highest level since September, 2011. China's stocks increase for a seventh consecutive session, as the biggest property developer announced a jump in sales

Tue, 05 Feb 2013 11:25:04 GMT

Japanese equity slips from the highest point since 2010

The Nikkei 225 index fell by 1.9% to 11,046.92 points in the second part of Tokyo trading session on Tuesday. Equities slipped from a recent high, as yesterday the index closed in the highest point since April, 2010. Trading volume was above the 30-day average by 65%. Traders were pessimistic as Hitachi Ltd. and Fujikura Ltd. decreased their forecasts and

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