Post a view on AGO or FMG sites that IO prices are likely to start falling soon just as IO production is being ramped-up 65% over next 3 yrs.... and they want yr head stuck on a spike. Yet today the Financial Times has boldy stated that STEEL prices WILL fall 8 over next 2 months making many UK steel mills break-even at best, Steel price is falling cz demand from construction has tanked. If steel becomes uneconomic to manufacture, then mills will go-slow or close. The only possible follow-on effect is a sharp drop in IO prices as demand falls away. It;s starting as we speculate about it. Just sell yr IO stks and sneak out to pub without breathing a word.
