Iron ore price, page-35179

@Langer44 No, what I am suggesting is that the media has got it wrong- again. They blithely mouth the mantra that IO prices are headed south because Brazil is hitting its straps, production wise, but clearly it isn't, and can't. The supply gap is being met by Australia. Now the CCP can command mills to cap production, that is true, but they will also have to cope with the existential need to grow their economy. Simultaneously, steel production and IO demand growth is likely to come from other sources, such as the US, Japan and South Korea. So no, no suggestion of OPEC like cartels or limiting exports to push prices, just the facts- Brazil has utterly failed at containing the virus, and is constrained, production wise.