http://www.bloomberg.com/quote/MBIO62DA:IND/
Iron ore spot price up another 3% to $119. As soon as the Chinese stop their destocking game, the IO price returns to around the $120 price range...which is what I think Tony indicated at one stage he thought the price would be.
Regardless, perhaps the end of the world for iron ore stocks claims in the media are slightly overblown...
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