IOH 0.00% 70.0¢ iron ore holdings limited

high demand for iron ore, page-2

  1. 1,829 Posts.
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    Until a cheaper, more plentiful alternative material is found, iron ore will continue to be in high demand for many years to come.

    It's uses are endless. Cars, whitegoods, concrete reinforcing, house/building frames, etc.

    Just look at China & India's population alone. That's over 2 billion who all want to buy cars, fridges, washing machines, etc. All require steel.

    The GFC was only a minor blimp in the demand for commodities.

    Butchy.
 
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