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Iron ore nearing its bottom

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  1. 10-01-2015, 08:52 AM #1
    Otto
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    Iron ore nearing its bottom

    These big players are calling for a bottom in iron ore prices in 2016, with a slow but steady climb thereafter. It's been a long slide, but there seems to be some optimism out there.

    The World's Biggest Iron Ore Shipper Just Called Bottom in Rout - Bloomberg Business

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    Mechanic688, pjost, TexasDeere
  3. 10-06-2015, 06:35 PM #2
    TexasDeere
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    I hope this is the bottom or near it. Only up from here. Shred is my main type of scrap so any optimism is good news.
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