Deutsche Bank Says Iron Ore is Slumping 24% on Expanding Supply
Iron – Bloomberg reported that iron ore could slump 24% by the end of 2013 according to Deutsche Bank AG, on expanding production and slowing Chinese restocking demand.
Articles Tagged "Chinese restocking"
Iron Ore Set for Bear Market as Chinese Restocking Ends
Iron – Bloomberg reported that iron ore continues to climb as Chinese mills restock, even after posting the largest recorded quarterly climb in the last quarter of 2012. However, according to Deutsche Bank AG, it is set to plunge into a bear market afterwards.
