iron price, page-51

Hi,

Just building on Roman's post regarding changing circumstances in India - Quoting;

"Mr Kirchlechner said India represented a potential source of upside for iron ore miners this year, with government policy, infrastructure inefficiencies and growing steel demand turning the nation from an exporter to an importer.

“India is one of the few bright spots for iron ore in the sense that 100 million tonnes of export volume has completely disappeared, and this year we’re looking at exports of around 20 million tonnes into India,” he said "

Kitco article expanding on the theme;

http://www.kitco.com/news/2015-01-0...fected-by-Ban-on-Iron-Ore-Mining-Exports.html

Started accumulating IO stocks last week for unrelated reasons.