From AFR's today, Brazil could put a tax on Iron Ore cargoes, to lure investments back to domestic steel plants, to create local jobs, etc...
meaning there'll be increase demand for Iron Ore in other parts of the world (good for Australia and of course for SDL).
SP: IMO, 12 cts seems a bottom and it's a screaming buy for those who sold at that level.
Cheers - BS
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