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Iron Ore Bust Follows Hard on Heels of China’s Speculative Boom

  • SGX AsiaClear futures have lost more than 20% since April 21
  • Goldman among banks that predicted recent surge would falter
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Churn, Baby, Churn: China's Commodity Frenzy

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Don’t say there wasn’t any warning. Iron ore’s gone from boom to bust in the space of just three weeks, fulfilling predictions for a slump in prices that were jacked up to unsustainable levels by a short-lived speculative frenzy in China.

QuickTake Iron Ore Wars