Stealth demand for iron ore drives boom
The reason why iron ore is at near record highs after the worst year for the global economy in a decade is: Chinese property developers. They are building 14,000 Eureka Towers per year.
James White
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The rise in the iron ore price over 2020 has been the one positive economic shock for Australia in this strangest of years. The return to 2012 levels has come with little fanfare and considerable uncertainty.
China is building 14,000 Eureka Tower s each year.
Paul Rovere
How can the worst year for the global economy in a decade drive near record highs for red dirt?
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