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To: blam

Re Chinese investment:

If these investments are large, and funded, the demand for, and the price of, iron will rise. Time will tell—there’s a lot of conflicting information being written on what the Chinese situation is.

Also, these projects will have a lead-time from authorization to buildout of a couple of years.


13 posted on 08/22/2012 7:16:23 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

I know the Chinese have invested several %billion in taconite mines in N. Mn over the past 10 years or so. Something of a miny boom up there.


15 posted on 08/22/2012 8:01:19 AM PDT by DManA
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