Hi chocbloc.Are you categorically saying that the iron ore price...

Hi chocbloc.

Are you categorically saying that the iron ore price will only go down in the future?
With India desperate enough to practically shut down iron ore exports from their mines,and expectations that India will want more iron ore in the future than China.
China has in the past mucked around with imports to try to manipulate the iron ore price.They usually come out with an announcement that they have discovered a new HUGE iron ore project,1.5kls underground and around 20%Fe.

Name one greenfield iron ore project that the Chinese have started from scratch.Taking surface samples,trenching,surveying,aero mag surveys,and drilling etc.

Regards
Westcott.