daschuck77
April 21st, 2008, 9:20:29 AM
Companies like BHP BILLITON LIMITED (BHP), RIO TINTO (RTP), and Cleveland Cliffs (CLF) might be worth checking out as they provide iron ore and are the big players in China's ridculous demand for steel as they rapidly industiralize.
China is already allocating serious government money to buy stakes in both RTP and BHP to keep ore prices low. BHP also has had a long lasting interest in buying out RTP as well.
China is already allocating serious government money to buy stakes in both RTP and BHP to keep ore prices low. BHP also has had a long lasting interest in buying out RTP as well.