Share
199 Posts.
lightbulb Created with Sketch. 7
clock Created with Sketch. 14/02/19
17:47
Share
Originally posted by Footmax:
↑
I have a sneaking suspicion that the main consequence of the Vale disaster won't necessarily be the IO price in the long run. China, as the largest producer of steel, does not want to pay too much for its IO - so prices will settle to some extent. That will always be the case anyway. The real effect may be in the board rooms of steel makers - and in Chinas case, that means at a government level.
Expand
I don’t think that GRR would want to take advantage of the current market conditions.
(20min delay)
