Thanks churchbat - the Bell Potter daily may increase awareness. This and latest Vale SA dam collapse on Friday certainly drove up some US & UK listed pellet producers share prices on Friday night. Cleveland-Cliffs (up 7.74% of Friday with trading spike around Noon New York time) and Ferrexpo plc (small movement & believe FTSE closed before Vale news released - 5 hour time difference). Vale SA share price closed down 8.08% in NY Friday after announcement.
Whilst the Chinese NY celebrations and holidays may be about to start and provide distractions I'd suggest the iron ore futures markets may be interesting early this week.
Bell potter, page-2
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