Morning guys
Going gangbusters already with mass volume,the market sure does love a feel good story.
I read a couple of articles you might not have seen,if only i could cut and paste[computer rookie, sorry].
As i said yesterday this news might make front page of business in wa.Not quite,but still got a very decent write up anyway,we got trumped by Fosters takeover[apparently booze is more popular than iron ore;who knew].
Also written today on business news was that China are going to cut the power on the steel mills for a substantial time,apparently to reduce their carbon emissions level.
You may also have read yesterday that Japanese steel mills have won a 13 percent cut in iron ore prices for the december quarter,[Riotinto].
Even that gloom wont put me in a bad mood,as this train is about to leave the station.
Have a nice day,
Cheers.cb
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