Curtains for Iron Ore

This morning I received a refreshingly direct research note from Asian research specialists J Capital: Iron Ore Poised for Steeper Fall $100 Coming Soon We are expecting a fall in steel production to the August seasonal low two months early, meaning June should see about 7 mt less production than May. That is equivalent to a month-on-month drop of 10 mln tons in iron ore. This is curtain time for iron ore: prices should slide from here in toward $100 and then possibly not come back. Any questions or comments, please contact … No misconstruing the thrust of that...

This morning I received a refreshingly direct research note from Asian research specialists J Capital:

Iron Ore Poised for Steeper Fall

$100 Coming Soon

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