Iron ore futures, page-4

Iron is a high price because of supply and demand.

The Chinese are trying to get some cheap stuff out of
Africa - but there are always problems in Africa.

So many international companies find great
ore, commodities and plan to extract in Africa.
Lots of ventures only last a couple of years.

South America has its problems,
it is as though Covid is sucking the will out of them.

Even though the Chinese hate us, when they want a shipload
of the good stuff
it's only a phone call away. - at around US $170.

Looks like a high price is here to stay.
But then, the only constant is change.