GREY:AXXDF - Post by User
Post by
sbmanon Aug 17, 2012 11:15am
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Post# 20229229
BHP likely to lower iron expansion
BHP likely to lower iron expansion This is big news for long term supply and should support prices:
https://ftalphaville.ft.com/blog/2012/08/17/1123061/bhps-untimely-dilemma-shrinking-cash-flows/
It reduces the likelihood of the nightmare scenario of surging low cost WA supply at the same time as crashing Chinese demand.