Flummoxed, I would be very surprised if Ding doesn't arrive in Africa within the next 2-3 weeks and he doesn't give us a comprehensive update by late March.
The Chinese are under the pump with iron ore price spiking again towards $150 after yet another round of useless jawboning this week and further threats of crackdown on port inventory hoarding and iron ore price speculation and other dodgy business. LOL
The corner stone plan of the China Iron & Steel Association is an act of utter desperation after that $240 IO price runaway frenzy last year and their failure to put a lid on volatility. Yippee !
Bring it on !
Flummoxed, I would be very surprised if Ding doesn't arrive in...
Add to My Watchlist
What is My Watchlist?