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market logic gone haywire?

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Not applicable
So Arcelor gets what it wants - a discounted iron ore supply, and its price goes down. Kumba doesn't get what it wants (has to sell Iron Ore at at discount) and its price goes up. But hey, what do I know ...
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2 REPLIES 2
SimonPB
Valued Contributor
but acl lose the mining rights and get worse then cost +3% .. kio gets 100% rights and a better (but not ideal) cost +20%
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Pots
Contributor
Hi, Now that KIO has fallen to Oct 2010 price, how much lower can one expect it to go. It seems like its now very oversold. Every time it appears to have bottomed out it turns and continues its freefall
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