Iron ore price negotiations - Goldman Sachs sees 4pct hike in 2011
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Wednesday, 01 Dec 2010
Goldman Sachs & Partners Australia Pty increased its forecast for the iron ore prices for 2011.
In a note dated November 30th 2010, t raised iron ore price to USD 153 per tonne up by 4%.
The three year average price for iron ore was revised up by 22%.
(Sourced from bloomberg.net)
