chillam
I don't think there is a lot of substance in the article.
Everyone knows the media are spinning this line at the moment, they can change their tune pretty quick, as they have already shown a few times this year.
"Baoshan Iron & Steel Co., China’s biggest publicly traded
steelmaker, said yesterday it cut product prices for hot-rolled and cold-rolled steel
It may mean something, it also may mean nothing at all, we will have to wait for the next IO price movement to find that out.
I stand by the Forbes article, I think we are about to see a
big bundle of cash hit the economy.
IMO this will send IO flying and AGO along with it.
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