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Iron ore price will be significantly higher by 2020

  1. pikapika
    2,499 Posts.
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    12/11/14
    23:57
    Post #: 14280605
    ".......While 2015 was seen as another weak year for the iron ore market as supply rises and Chinese steel consumption remains flat, prices may be $80 to $90 a ton, according to Wood Mackenzie.

    The market will improve in 2016 and by 2020 prices will be significantly higher than today, Paul Gray, an analyst at Wood Mackenzie, said in an interview yesterday......"

    http://www.smh.com.au/business/mini...group-says-slump-to-stay-20141112-11l64u.html
    SDL Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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