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vale raises the iron ore stakes, page-2

  1. JulesWinfield
    247 Posts.
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    26/10/08
    13:27
    Post #: 4430561

    Problem is steelmakers in China our now losing money. They still reported profits up to 1H08 but are now firmly lossmaking. Iron ore suppliers at the benchmark rate are making lots of money. your point is invalid.
    TTY Price at posting: 24.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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