AKO General Discussion, page-717

For the next 100 years jez structural steel demand will grow year on year imo . Yes china has cooled off however the indian economy also happens to be going through massive growth which we happen to be in a perfect location to profit off. Indian population is over 1 Billion and their average working age person is among the youngest at approximately 20years old. with or without rising population The world needs more infrastructure jez. Steel, it goes in concrete, it goes in your car, it goes in just about anything useful that helps you to stay alive. These young men also need work. The world fundamentally needs electricity and availability of mechanical energy to maintain its health of population. Resource distribution jeza Steel is the cornerstone of modern civility at $100 us dollars for 1000kgs do you really think there is a scenario where the iron ore price is at a price point that we couldn’t be competitive and turn a profit from? We can afford to sell it for $50 not FMG Its not going to go lower than 100 bucks jez especially in the inflationary environment we are in. These Madagascar blokes would shovel it in the truck by hand to feed their family just like just about anyone would at the end of the day ya old boomer fart. Simple economics jez money for jam (Dont) DYOR cause it sucks mate