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new forecast, page-38

  1. 2,512 Posts.
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    Hi klob25

    To help you understand ""Why does the world need more iron ore ?", I have listed a few answers for you, these are just a few examples why the world need more, in fact, a lot more iron ore in the future:
    1. China is rolling out her $1 trillion in projects to spur growth.
    http://www.bloomberg.com/news/2015-...te-1-trillion-in-projects-to-spur-growth.html

    1. India to import nearly 15 million tonnes of iron ore in 2015 as high local prices prompt steel makers to look overseas.
    1. India will build 100 smart cities and has already started working on this plan.
    http://bhiwadineemrana.com/pms-new-year-gift-to-gujrat-100-new-smart-cities/

    1. China to build a high speed railway between Russia & Beijing
    http://au.ibtimes.com/articles/5780...ilway-between-moscow-beijing.htm#.VLdpGlHHQy0

    5.  Urbanisation will continue all over the world, not just China for many many years and iron ore is still irreplaceable.

    Cheers.

    Pikapika
 
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