AGO
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0.00% 4.5¢ atlas iron limited

Inventory data...At ports, the iron ore levels hit a record...

  1. Legume
    5,583 Posts.
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    01/04/14
    10:36
    Post #: 13198835
    Inventory data...

    At ports, the iron ore levels hit a record high... and is starting to reduce.

    At steel companies, the iron ore levels hit a reord low... and is starting to climb.

    Conclusion... RESTOCKING, through port stocks (as I previously explaned import prices are trading at a wide discount to domestic supply)
    AGO Price at posting: 97.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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