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Its time to bring those infrastructure aspirations forward with...

  1. ocka
    3,371 Posts.
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    01/03/15
    10:22
    Post #: 14838801
    Its time to bring those infrastructure aspirations forward with a low iron ore price making steel production very affordable! IMO.

    Chinese steel mills should convince Indian Prime Minister Modi to do likewise whilst record low iron ore prices exist, China can produce the steel needed to construct Modi's infrastructure plan now and it won't be any cheaper when Indian steel producers like NMDC are able to ramp up production in coming decades! IMO.
    FMG Price at posting: $2.49 Sentiment: None Disclosure: Not Held
    PDY Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    RTA Price at posting: 24.0¢ Sentiment: None Disclosure: Not Held
    FMS Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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