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Metal Mine ›› 2008, Vol. 38 ›› Issue (02): 13-15.

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Discussion on International Market Equilibrium Price of Iron Ore Resource

Chu Yong,Li Yuping   

  1. Shanghai University
  • Online:2008-02-15 Published:2011-07-22

Abstract: In light of the non-regenerability of iron ore resource, the formation and decision of the international market equilibrium price of iron ore resource are analyzed by introducing the scarcity cost and market interest rate.The future price trend of iron ore resource is forecasted.

Key words: Iron ore resource, Price, Scarcity cost, Interest rate