UMC united minerals corporation nl
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bhp know - world steel demand to grow in 2010, page-10

  1. Akki
    35,790 Posts.
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    13/10/09
    11:49
    Post #: 5769881
    world steel demand will grow but do you have any idea how much Iron Ore BHP have ?

    enough to not require any for ATLEAST the next 20 years...

    who knows where it will go if there is a bidding war ?

    but the funny thing is they're not buying UMC for what they have in the ground....

    they're simply trying to keep their customers on the other side of the boat...

    UMC Price at posting: 91.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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