from Market Realist -the only good news ''While
Post# of 8054
Posted On: 02/16/2015 1:29:53 PM
from Market Realist -the only good news
''While there’s still an oversupply of iron ore in the system, sustained closures by high-cost mines in China and elsewhere can help revive the situation and save the day for the miners.
Chinese domestic iron ore is generally a lower-grade quality than imported ore. China’s environmental regulations may force steel producers to rely more on high-quality imported ore to reduce the pollution caused by refining low-quality domestic ore.''
''While there’s still an oversupply of iron ore in the system, sustained closures by high-cost mines in China and elsewhere can help revive the situation and save the day for the miners.
Chinese domestic iron ore is generally a lower-grade quality than imported ore. China’s environmental regulations may force steel producers to rely more on high-quality imported ore to reduce the pollution caused by refining low-quality domestic ore.''
(0)
(0)Cotton & Western Mining Inc. (CWRN) Stock Research Links
Scroll down for more posts ▼