accaeric, I stated Joe hockey's comment last week (deliberate) about there being "no floor" for IOP and that he wouldn't rule out IOP dropping to as low as $35/T is a message to CHINA....."hey what BHP & Rio do is nothing to do with me".....
It was so lame, it was funny.
http://www.theaustralian.com.au/bus...re-output-growth/story-e6frg9io-1227315211530
BHP blinks and slows rate of iron ore output growth
BHP Billiton has blinked and oh so gently started to slow its iron ore expansion in the wake of a barrage of political and commercial pressure about past expansion.
Iron Ore Price, page-2194
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