Iron Ore being the bulk commodity has its own largess to thank....

Iron Ore being the bulk commodity has its own largess to thank. The lag between ramping production and meeting demand is wider due to all the links in the chain (port, rail, ships).

A question of relativity.

Commodities as a speculative trade has cooled - the Investment community has its own agendas and flip-flops weekly. These would be the experts cited in the article. Not all commodities were created equal.

Internal domestic growth in emerging economies is cracking along. When they figure out how to build highways and factories from paper then it'll be a wood boom. Until then it's the heavy stuff.

The major ore heads are saying supply will be slower to meet demand and the credit cycle makes it all that more interesting. Depressed stock prices and credit tightness may prompt consolidation between disparate parties. Could an MPI company fit with a DSO one? Electric Arc furnaces to increase in number under greening policies / product type?

Supply constraint is the number 1 deal with ore right now. I've never known a commodity to be in demand and constrained by supply, and see its price fall.