AGO 0.00% 4.5¢ atlas iron limited

Ann: Replacement Bidder's Statement, page-73

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  1. 1,252 Posts.
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    You managed to put quite a number of lies in a short post. For a start the first sentence. If you say it is true I will take it apart, find the relevant posts and then the next sentence will go under microscope. I will be very specific and to the point.
    Usage of scrap as a source of iron in making steel is growing worldwide every year, China including. The statistics are available. Next time I come across latest information I will post it, just for your benefit and enlightenment. I hope you don't mind. Usage of scrap is extremely relevant to AGO, FMG and other low quality IO producers.
    As Usage of steel scrap is increasing something must give in, it happens to be low quality IO.
    Good for the world environment as well.
 
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