Iron prices going up. So on top of the general infrastructure stuff going on, we now also have China buying up a bunch of the supply.
https://www.bnnbloomberg.ca/iron-ore-turns-very-very-hot-as-prices-jump-10-in-minutes-1.1601499
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After the pandemic markets are now back at the normal levels so it's great for people who are in this type of business. Covid really screwed up with it during the initial days.
Not sure what Chinese are building now? The great wall of China but made out of Steel? :D
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lol that would be something haha
They are probably building a lot of varied stuff... their construction industry is very large
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I have no idea but maybe they are still building that large train network. Also I think they were hit pretty hard by the floods last year so I expect a lot of infrastructure to be built.
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That could actually be good for Brazil for a change...
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Is there a ton of material mines in Brazil? I know copper and the other materials also taking off so it may help you.
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Yea, we sell a lot of ore to China.
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