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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by steeler07on May 09, 2013 9:45am
75 Views
Post# 21356554

RE: sssssssss

RE: sssssssss

I think we are in for another 6/9 months volitility in base metals -  BAO China's largest publicly traded steel producer just reduced June production price for the first time in nine months due to weak demand and large steel inventories.

Good news is that Chinese steel production is expected to reach 1 billon MT by 2020.  India is expect to increase production to become the world second largest producer. 

 

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