yes yurt if you follow that thinking like that,then latter when the stock pile is down, watch the spike in the price.
china can not afford to run it down to much. its a fine balance of production needs for the longer term not just for 4 weeks.
china's steel production is increasing at a good rate. and their own ore supplies are being less used when the price gets to around 125 a ton their ore runs on low or zero profit.
if you keep up to date on the whole picture and not just fluctuations in the price of ore then you will get the balance of how it works.
dont forget the timing of fmg production out put after march to 155 m/t the price at that time is rather the play not today.
so at that time we will have a reduced debt, greater out put and a balance price. u think a 5% fall on panic is what is in front of this share.
just buy on dips that is the play if u want to be in the game in march.
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