OTCPK:IVWFF - Post by User
Comment by
99921on Feb 05, 2009 12:14pm
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Post# 15754946
RE: china
RE: chinaYes, this from another board:
BHP Billiton Ltd., the world’s third-largest producer ofiron ore, said Chinese steelmakers are returning to the iron ore marketafter inventories were used up.
“You are starting to see the underlying demand of the Chinese economy,” Chief Executive Officer Marius Klopperstold journalists today. “We have seen in the steel business in Chinathat the de-stocking cycle is almost complete and that means people arecoming back into the market and buying.”
Plus other items in the press and the BB's about China's economic resiliency. We have to look for good news wherever we can find it these days.