Price of Iron Ore, page-28

Big infrastructure takes years to plan then implement. Yes it will help, but not this year; maybe not even next. Although, I’m sure job creation is part of the plan, so they’ll be fast tracking where possible. need to see details/timing on projects before we know when it will start to impact.
hopefully, some will be used to fast track already approved projects, that we’re just waiting on funding. But doubtful any could influence this year.

for now, looks like the Chinese are having their way. Be interesting how far down IO gets pushed.

cheers,

ned.