Hi Gindaldan
It is interesting to see that all major I/O suppliers are expanding. Rio is planning to expand $3.5b and many others are reporting additional demand. I guess, slow down in China doesn't mean that they are not building but perhaps concentrating more in infrastructure projects.
Please have a look at the post by Blao:
"iron ore price" - will never ever be crashed.
China will build:
- central china
- Western China
- Upgrade railway between North-West China to Germany (at the moment for freight only - through Russia and other European Nations)
- Indo China (Vietnam - Lao - Cambodia)
- Northern Thailand
- Navy
Add to My Watchlist
What is My Watchlist?