beijing plans to cut iron ore port stocks, page-2

  1. 17,915 Posts.
    lightbulb Created with Sketch. 462
    yeah yeah yeah.....the old story.....at the end they will have to buy it and sign the deal......they are certainly making a good boycott of it.......no wonder....IRON ORE prices have been flying in the last years.....

    But they will give in eventually......they need the raw material if they want to keep on growing....otherwise they would not take so many stakes here and there in IRON ORE companies evrywhere.......

    I failed to top up this arvo.....it came close...can't see it going back to the lows of today.....a close abovce 48,50's it not bad at all.... after all, we had some good gains lately....consolidation time....

    cheers
 
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