The entire sector is very very cheap IMO into 12/13. The US economy looks on track. Now the market needs Europe to settle but for us, it's all about Chinese demand which is still subdued. Most market pundits believe iron ore will struggle in 2012 - a sure sign they are wrong IMO.
http://www.procurementleaders.com/news/latestnews/0220-iron-ore-prices-hit-high/
The entire sector is very very cheap IMO into 12/13. The US...
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