My comments on steel were sourced from Reuters from Chinese analysts and Credit Suisse on what is happening to spot prices in China - contrary to your simple minded cause 1 duh cause 2 analysis they say that the combined effect of the measures that the Chinese Government has taken has actually increased the price of scrap steel where it is more economic to substitute iron ore than use scrap. Hence excess scrap is going straight to export and inventories are declining. Enough absolute unsupported unevidenced assertions with no progeny from the shorts It you cant put the evidence up shut up.
fmg and fe, page-1512
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