Right now beside all the world market debt worries comes also into play the Iron Ore Price.
And compare to friday, the metal index has droped heavily by $2 a tonne, to $167.33 vs. fridays $169.57 ( first time used the word "Heavily"
The iron ore index currently is making newer lows.
Steel demand is also putting down ward pressure.
Production has been near record hights - But is it sustainable ?
Right now is a wait and see scenario.
Does SDL sp. reflect value for its proven iron ore resources ??? Thats the very big investment question.
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