Iron Ore Miners Struggle With Low Demand in China

Paragon Report announced an analysis of how iron ore producers are struggling with decreased demand in China.

As quoted in the press release:

Iron ore producers have struggled as a slowdown in the Chinese economy was expected to dampen demand for the commodity. Iron ore prices look to rebound from six-month lows as China has recently approved approximately $23 billion in steel projects. The China Iron and Steel Association on May 29 stated that steel production in China could reach 700 million tons in 2012. The Paragon Report examines investing opportunities in the Iron Ore Industry and provides equity research on Cliffs Natural Resources Inc. (NYSE: CLF) and Vale (NYSE: VALE).

Click here to read the Paragon Report press release.