MMX murchison metals ltd

iron ore spot price to recover, says young , page-4

  1. 3,394 Posts.
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    maybe, but i think the iron ore prices are heading to the levels where China wants them to be. ie. lowest possible.

    Demand may have dropped short term wise. But long term demand is still there.

    If there any disruption to supply, then prices will go up for sure. I'm sure BHP/RIO/Vale may cut supplies temporily when they see prices drop alot more.

    For eucser: I hold a B.Business; B.Science (Geology); and a GradDipAppFin
 
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