thanks mickey. I had not seen this. useful but I've long since given up on listening to iron ore price doom sayers. they have been predicting the io price fall under 100 ever since the first fall that china artificially manufactured. funny the fall is always two years out. and there are always a couple of majors lining to support the view. get real, people need steel in ever increasing numbers and chinas internal costs for io are still climbing. nothing is going to change and just to prove me right the io price has already stopped falling and has risen. get over it press. io is a commodity and commodity prices go up and down but the underlying demand for io just goes up.
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thanks mickey. I had not seen this. useful but I've long since...
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