It's amazing to me that the CCP can simply do a press-release with a few ambiguous ideas and make billions back for their Steel industry. I mean, when it's that effective why wouldn't you do it?
Everyone is so scared that Iron Ore will head back to 50us one day they keep falling for it. Amazing opportunities over and over again because everyone keeps falling for the same trick, time after time. As I said, shouldn't complain, got the opportunity to buy a big chunk yesterday.
Markets are funny.
Iron ore price, page-45681
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