IOH 0.00% 70.0¢ iron ore holdings limited

The Chinese steel mill stockpiles (I think that is what it is...

  1. 630 Posts.
    The Chinese steel mill stockpiles (I think that is what it is called) was indicated as being a many months of reserves (a few months ago). This is a shake up only (in my opinion) and the prices will come back up as supply and demand takes over again.
    Watching intently to see if the QE3 has her keel laid and then the world can set sail on a merry round of inflation as the can gets kicked another few years down the road. (but as stated in earlier post I think it is a sucker punch).
 
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