the hot stocks of 2008, page-4

It's a guess but I feel that the Iron ore price will start to level out for a couple of years. Working in the industry I have seen several significant expansions already completed that are now in the commissioning stage as we speak. These alone will add 25% to last years output for the 2 majors (BHP & RIO). There are also several other expansions underway that are due for completion this year that will add further output not to mention other major expansions and new projects that are commencing this year. Output will most probably be double he 2006 output by end of next year and this doesn’t take into consideration the minor players and what else is on the drawing board.
There are also other big players expanding or coming into the market overseas.
Where previously production output could not keep up, things will level out. Especially if the world economy does slow down.