iron ore news, page-38

UBS position on IO is old news!

Their argument about over supply is nonsense.

India the third biggest supplier to the IO market is now
a customer.

China's future demand is never properly considered either.

These few people who run this massive economy will do what ever it takes to keep things steaming along.

Otherwise they could lose their positions!

They will borrow the world if they have to, there is no slow down or end in sight. I see what's happening first hand every day.
These massive steel intensive infrastructure projects are for the most part years away from completion.
IMO China's problems will come years after Atlas has made all its money and gone into something else.