Wednesday, October 30, 2013
The Best Iron Ore Plays
Previously, we left our discussion with a brief introduction to the companies involved in the iron mining industry. The table below shows the extent to which four major mining companies are exposed to the iron ore industry.
Although commodity prices have followed a long-term secular uptrend, a recent cyclical downtrend has exerted pressure on prices. However, as China – the largest consumer of commodities in the world – moves back on track to meeting growth targets, mining stocks are once again becoming a profitable investment.Read More : VALE, CLF, BHP, RIO