Well, I may have been a little late to get into RIO under $35. RTP announced an 80% price increase to chinese steel makers. I expect the group to pop in the morning, although BHP says the price increase was not enough.

I need to take a look at all these guys and figure out which is the best. Steel demand in China will remain strong for quite some time. They need something like an 8-9% growth rate just to employ all the new people joining the workforce. This is essential to prevent civil unrest. Meanwhile, they will drive worldwide inflation with their insatiable demand for raw materials and food stuffs.