The Crash in Iron Prices is Just Weeks Away, Metals Bear Says
August 16, 2016 at 11:34 AM EDT
Axiom Capital's Gordon Johnson , a noted bear on iron ore and steel--and the stocks of companies like U.S. Steel ( X ) and Cliffs Natural Resources ( CLF ) that produce them--sees a crash in iron-ore prices coming as soon as the next four to eight weeks. He explains why: