iron ore-key indexes fall, page-80

  1. asf
    9,888 Posts.
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    06/09/12
    01:13
    Post #: 10677269
    An article from the AFR, for members or take a free trial:

    http://www.afr.com/p/business/companies/miners_forced_to_cut_prices_S27NafLaaOkSeDrTP3S6RP

    It says if China destocks as it did in 2011, it could take 6 weeks for a rebound in prices. Or, if it is the same credit conditions as in 2009, it could be terrible prices for 5 months.

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