its funny how the month to month fe export (which is a -ve) gets reported rather than the yr on yr growth..which is up more than 30%!!!! Doesn't look like a commodity about to fall over does it...these fe bears are seriously pulling it out of their proverbial!!!!
yep these fmg shorters and fe bears are doing a good job at keeping the negative perception out there but the reality is below-:
Cargoes totaled 22.3 million metric tons in November from an all-time high of 25.2 million tons a month earlier and 16.2 million tons in November 2012, data on the port website show. Total shipments were 28.1 million tons from 28.9 million tons in October and 21.7 million tons a year earlier.
oversold?, page-9
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