if china i/o mines are slowing down/closing due to winter/snow does this mean they need more imported ore to keep mills operating. Inventories are rebounding but given the current i/o price hovering near $140 it would appear more is needed??
Given AF is still buying up (at low entry points) would imo, perhaps suggest i/o will remain robust -coupled with all other factors (aus$, inc output, debt reduction) I think is in for a big pay day - all supposition of course. Exciting times ahead
iron ore up again!, page-12
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$18.40 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| $18.41 | 1940 | 2 |
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