Could possibly be a hint of some turn around here:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZS452V7unwE&refer=home
"The Baltic Dry Index, a measure of shipping costs for commodities, soared 15 percent in London yesterday, the most since at least 1985. The number of idled capesize ships dropped to almost zero, signaling increasing demand for iron ore."
Uncertain times ahead!
LM
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- interesting article iron ore china stockpile
Could possibly be a hint of some turn around...
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