Iron ore price, page-52073

That I think would depend on your situation. Many own apartments and while in Shenzhen the price has only fallen about 10% in the 2nd of 3rd tier cities property prices have fallen up to 50% from their peaks.

For those who own of course they are hopeful prices will go up. Those who do not own property are a bit indifferent to it all.

There definitely needs to be more simulus to kick start things. But the government is trying to stimulate without just throwing money about.

So these visa free entry for the Europeans, the recent Elon Musk visit shows they are trying to be a bit more welcoming or seem to be.

The average joe is feeling things are a bit tough on the street. We will see how it all goes.

I think the days of contructing massive new apartment districts is coming to an end in green field projects. But they may have an option to start bringing down residentials or commercial old buildings in the cities that were built in the 1980s or 1990s. I can see that happening around here.

Then of course there is the export options.

The demand I feel will be flat or may trend down in the medium to long term, but I do think India will take over as the main customer if they ever get their steel production moving.