Alan Heap
Alan Heap
absolutely deliver given increase iron percent possible prices quite rates seems
It seems to us a 20 percent increase is absolutely achievable. It would be quite possible for (the miners) to say to the Chinese, we would deliver iron ore to you at the same prices you got in 2005 given that freight rates have come down by half.
china deficit expect production risk slow steel
The risk is that China does not slow its steel production as much as we expect and if that is the case, the deficit will be higher.