Shorter be buried nicely, page-7

China Dalian Future - May Iron ore price is currently up more than 2%, trading at CNY489/ton.

Its notable the trade volume of Chinese Dalian Iron ore future is the largest in the world, between 30Mt to 150Mt a day, about 10 times more of CME and SGX.

I expect iron ore stocks to recover just like Gold stocks.
It might not be sustainable, but will.
Even current loss making AGO, is still going up over 8% today.
ARI, is making EBIT over $360m p.a, it can make minimum of $450m p.a. after iron ore division re-design. No reason ARI will be kept at under 30c, IMO.


http://quote.futures.hexun.com/i1505.shtml