iron ore up today, page-2

any thing around $110 p/t is good going for this cycle time of production for China. much more production is due soon.

this price will destabilize china's mines, so would expect it not to drop much if at all it does.

we had good prices for a few month then a drop in march. if it holds at this level it will give us an average or approx 120 plus tons for the quarter. next quarter we up production so will make interesting march June quarter.

Also looking to see improvement in China's figures for month of March to the upside. if this all hold up we will be getting back close to the higher s/p levels and with Russia does not rain on the party things look ok ahead. so there are a few IF's to fill.