Iron Ore Is Skyrocketing: JPMorgan Says Buy These 4 Cheap Steel Stocks
By Lee Jackson March 10, 2016 10:35 am EST
Metals and precious metals have had a very tough go of it for years, and a stunning move in iron ore since lows that were put in last December may be marking not only the end of that price drought, but the end for steel as well. Iron ore prices are up 66% since December, and with the Chinese targeting 6.5% to 7.0% economic growth, which was above expectations, they will employ stimulus that could increase the demand for steel.
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