It is interesting to see that all major I/O suppliers are expanding. Rio is planning to expand $3.5b and many others are reporting additional demand. I guess, slow down in China doesn't mean that they are not building but perhaps concentrating more in infrastructure projects.
Please have a look at the post by Blao:
"iron ore price" - will never ever be crashed.
China will build: - central china - Western China - Upgrade railway between North-West China to Germany (at the moment for freight only - through Russia and other European Nations) - Indo China (Vietnam - Lao - Cambodia) - Northern Thailand - Navy
GBG Price at posting:
17.0¢ Sentiment: ST Buy Disclosure: Held
