That's not borne out by the commentary of those that have a good track record with commodity pricing ball gazing. The tip is that the sale price for iron ore will drop to pre good times $20/ton
Predictably there are plenty of brokers out there talking up 2016 as the return to prosperity, especially with the Fed election campaign in focus.
I guess we will have to wait and see who right and who is wrong...Time will tell and there is another 16 months to go.