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Sunday, 09/09/2012 5:55:13 AM

Sunday, September 09, 2012 5:55:13 AM

Post# of 7895
Numbers,numbers,and numbers............

"China's iron ore imports are expected to have dropped to around 50 million tonnes in August.......expect a bigger drop to about 30 million tonnes from September onwards....."

http://www.steelguru.com/raw_material_news/China_coal_and_iron_imports_set_to_post_drop_for_3rd_month/282686.html

ps- Trillion dollar bet: cyclical or structural;Cyclical:China demand backs to above 70 million MT per month SOOOOOOOON; or Structural: below 35 million MT per month,for years.......and with price hovering between $75 to $85 per MT ...... OOOOUUUUUUCCCCCHHHHHH ...... and BIG demand for Vaseline is definitely in order for everyone in the industry,100% chance likely!!!!

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