Apr 10 2010
China Bans Iron Ore Imports Impacts Sesa Goa
- 0 Comments
Last week I have recommended the Sesa Goa. I am bullish on this stock because Iron Ore prices are increased more than 90% in the last one year and Sesa Goa is the largest private player in the Iron Ore industry. It was moving in the upward but suddenly down for Rs.22 that made investors panic on this stock. The reason for the down is China has banned the import on Iron Ore. You can read the more details here. I will be updating the position of this stock when there is related news. Get the free email updates and stock recommendations.
