iron ore price run up, page-2

China is probably ahead of us on the issue and have already taken steps to stock pie extra ore in case we here in Oz try to use decreasing iron ore exports as leverage but China may jump the gun and slow imports before we have chance to use it. They got teams of quants working out our moves into the next century. We, on the other hand, have no plan at the Gov level coz they only around for a few years and dont care enough anyways.
Any move by either side to decrease iron ore into China will see the price rise and probably keep iron ore producer share prices higher even as they export less. It could only go on for a certain period of time and is more likely to be threatened rather than acted on - should see higher iron ore prices regardless in the short term