it is the CSN transaction so nothing that the market wasn't already made aware of yesterday.
An interesting article below about tata motors (related subsidiary to tata steel who own a large stake in RIV) posting record sales for the quarter. All is looking good for the demand side of things which should translate into higher prices for RIV high quality coal.
http://www.theaustralian.com.au/business/news/tata-motors-doubles-earnings-in-second-quarter/story-e6frg90f-1225791545736
citi presentation, page-19
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