Cleveland Cliffs Inc (CLF)

[greasemonkeyshoes]

"clf business is good in time.....
of PEACE and in time of WAR." ceo of clf
http://www.afr.com/opinion/columnists/bhp-billiton-should-pick-up-the-phone-to-rex-tillerson-on-south-china-sea-20170113-gtre5s
"China is Australia's biggest export market and Beijing effectively governs global commodity prices on the demand side.

One can only assume and hope BHP Billiton's leaders, who met the President-elect last week and are highly connected to Xi's team, reinforced this crucial point at Trump Tower in New York."

Another tasty trade and likely with good duration(1 to 90 days):
Stock price discount between clf and vale has shrunk and near parity: vale credit put spreads are attractive and comparable to clf and,very likely,vale continue outperforming clf until ER times.

ps-clf's Aussi IR top 3 customers are in Japan,S Korea,and Taiwan.