| 09.03.2016 - Reasons to be cautious over commodity optimism |
| The stunning rally in iron ore and mining stocks has turned commodity pessimism into a bout of optimism overnight. But there are still reasons for caution before relegating low commodity prices to history. The increase in Chinese steel prices has driven a record 19 per cent rise in iron ore prices this week. But analysts see few signs that steel demand will pick up soon in the world’s largest consumer of the metal...............................................Full Article: Source |