Replies to post #7840 on Labrador Iron Mines Holdings Ltd (LBRMF)

[makinezmoney]

$LBRMF: China still stockpiling IronOre

China is once again buying lots of iron ore with the purpose of... storing it.
Similar to the '15-'16 downcycle, steel production is lagging iron ore imports (chart shows the ratio of the two), in the process pushing inventories higher. If the country's real estate downcycle is… pic.twitter.com/ptKNhQ8sfN

— BreakWave (@DryBulkETF) May 9, 2024

GO $LBRMF