Maybe different this time it appears China and Others may of had enough of paying over’s as slowed stim’s down a lot imo its a great business strategy - slow market down for 18 months until their 2 giant mine’s one in Africa and one in Algeria come online so the price stabilisation to approx average $60 per tonne for yes forever. If anyone thinks this is far fetched maybe think about what they did to the Nickel sector and even Niobium and of course the major copper mine they are building if Afghanistan.
Iron ore price, page-54365
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