Posted On: 08/22/2014 1:45:55 PM
Post# of 8059
as reported before the big 3 are pushing supply to eliminate competition,esp the high priced chinese domestic production- and a lot of chinese production is loss making now, as article says, w at least 20-30% of chinese pro or producers shutdown because its cheaper to import now
but brad has to know the longterm outlook
Iron Ore Completes Second Monthly Gain in 2014...
http://www.bloomberg.com/news/2014-07-31/iron-ore-heads...
Jul 31, 2014 ... Iron ore rebounded last month from the lowest since 2012 amid signs ... “Iron ore prices are lifting in part due to a pickup in demand from China,” ... 19 percent to 56.6 million tons in the three months to June from a year earlier.
but brad has to know the longterm outlook
Iron Ore Completes Second Monthly Gain in 2014...
http://www.bloomberg.com/news/2014-07-31/iron-ore-heads...
Jul 31, 2014 ... Iron ore rebounded last month from the lowest since 2012 amid signs ... “Iron ore prices are lifting in part due to a pickup in demand from China,” ... 19 percent to 56.6 million tons in the three months to June from a year earlier.
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