Iron ore may outperform copper on price-ratio analysis: Clyde Russell
This is probably more supportive of iron ore, given that building infrastructure such as railways tends to be more steel-than copper-intensive.
In the present environment of a modest recovery in China, being led by state capital expenditure, it seems that iron ore is a better bet than copper.
(Clyde Russell is a Reuters market analyst. The views expressed are his own)
Be the first to comment.