hahaha. Note the date of this iron ore article in smh. Oh nooos the avalanche haha. Supply worked itself out and prices spiked again.
"Iron ore avalanche creates buyers' marketBy Elizabeth KnightUpdatedApril 8, 2015 — 5.39pmfirst published at 3.28pmWhen the iron ore price began its precipitous fall last year, the avalanche swallowed some of the third-tier operators scuh as Western Desert and Sherwin Iron. There was minimal impact on investment markets but it was a harbinger of things to come. This week's potential collapse of Atlas Iron – the fourth-largest producer in Australia – heralds the second wave."
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hahaha. Note the date of this iron ore article in smh. Oh nooos...
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