Dr. Ian Burston has clearly stated in previous reports that the ore in its current state is suitable for manufacturing Long Product.
Now Long products include bars, rods and wires, structural shapes and rails, and tubes.
A Deloitte report (July10)regarding steel manufacturing in Turkey states that 85% of its 21M tons produced was Long product. Even if that ratio is even remotely correct for world manufacturing then IMO that not a bad outcome.
So again I say what part of this equation doesn't make sense?
Ann: London Road Show Presentation , page-29
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