AGO
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0.00% 4.5¢ atlas iron limited

Iron ore will still be in demand for steel. If the Chinese don't...

  1. hagetaka
    6,270 Posts.
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    24/05/13
    08:02
    Post #: 11803576
    Iron ore will still be in demand for steel. If the Chinese don't need steel, someone else will. Manufacturing will offshore from China to the surrounding region who need steel for the infrastructure. The Chinese steel mills will still need iron ore to produce steel for these regions. Win/Win all around!
    AGO Price at posting: 80.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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