jgunterI keep tabs on steel production figures for China and...

jgunter

I keep tabs on steel production figures for China and USA, The US is performing pretty good imo.

Until these year on year indicators show slowing then I would be concerned.

Hence why IO prices have fallen greatly, IO does not have the issue of hedge fund speculation plays, as Nickel, Copper, Zinc & Lead has.

IO prices are govern by simple supply and demand, as yet I cannot see an issue with pricing.

http://www.worldsteel.org/statistics/crude-steel-production.html