Westy
why tonnage when you have a superior product?
quality over quantity...
todays announcement underlines that. why?
placement with CRM!
these guys are not manufacturing garden rakes or watering cans or other throw away stuff made from c(@p steel...
"CRM is the biggest provider of steels for the manufacturing of rolling stocks and bridges and H style steels."
"CRM has established a nation-wide steels marketing network, and has build strategic alliances and partnership with many large domestic steel groups, such as BAOSTEEL Ltd., Anshan Iron & Steel Group Corporation, Wuhan Iron & Steel Group, Shougang Group, MaSteel Group, Baotou Iron & Steel (Group) Co., Ltd., Panzhihua Iron & Steel Group, LaiGang Group and so on."
(Source: CRM website)
so, what I'm trying to say is...
UMC has obviously attracted the right "partner" with the right product and not with a billion tonnes of dirt...
I'm happy the way it played out.
as I said a couple of months ago:
Silence is a friend who will never betray.
egg on face, page-15
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