Iron ore price, page-32440

I am going one better. Parliament ends on Thursday. The 2025 gameplan has an existential impact (so the rhetoric goes) and politically more significant. DYOR.

Meanwhile the partial boycott will last for many months. That could commence the week after next or even later. 1 week difference won't change the impact. What will be more critical is how sharp the pull back. Again, I don't buy the post Covid boom BS that anything above $90 is the real demand supply equilibrium.

Whatever components make up the plan, our IO plays soon may have to diversify (not markets - there aren't none) but different commodities.

For starters, if their regulators announce (RE speculation crackdown, 300MTA additional IO mining capacity to immediately commence and a 150MTA equivalent of net IO requirement negation because of steel measures (scrap, import, export, killing SOE zombies), I can imagine the market will be shocked. That means the impact will be instant and not by 2025.

Just saying.