Quotes taken from the HearaldSun website on 26/5/09:
"Rio's head of iron ore, Sam Walsh, predicted a rebound in demand for the steel-making ingredient on the back of a "V-shaped" recovery in China."
"China increased imports of copper, iron ore and aluminium to a record in April as traders built up stockpiles to feed Beijing's massive spending on new infrastructure."
I reckon SRK should be talking to the Chinese straight away.
SRK Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
