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Iron ore price, page-656

  1. 725 Posts.
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    If one believes WAR is imminent, one should research Iron Ore, WW1 or WW2

    Ore is the #1 Commodity during times of War and military effort is often focused on defending your source or attacking your opponents supply

    US sourcing/production went up 800% from '32 to '43 - off a high base, produced 76% of globe

    Globally an additional 733,006,633 m/t of Ore was sourced in WW2!

    German sourcing/production of Ore went up 1900% to '39 before nearly doubling again to a peak in '44

    Talk of China with 134m inventory is rubbish. It consumes 1500m a year and War has not even begun...

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    Dyor - goodluck all
 
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