not sure the autumn of the iron ore boom's as close as you think. Every supply side increase is undewhlming at the moment and every demand side estimate is being ripped apart. The risk to the chinese govt of 400m protesting peasants streaming into the cities is too high to slow the econmy much below 8-9%gdp.
Short of a left field event expect iron ore demand out of china to increase 20% nxt yr.. so if it slows to 10% so what?
I wouldn't be surprised if pricing's still at this level in 3-5 years time.
sun hung kai and top 20, page-4
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