Right now beside all the world market debt worries comes also into play the Iron Ore Price.
And compare to friday, the metal index has droped heavily by $2 a tonne, to $167.33 vs. fridays $169.57 ( first time used the word "Heavily"
The iron ore index currently is making newer lows.
Steel demand is also putting down ward pressure.
Production has been near record hights - But is it sustainable ?
Right now is a wait and see scenario.
Does SDL sp. reflect value for its proven iron ore resources ??? Thats the very big investment question.
Right now beside all the world market debt worries comes also...
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