I sense the SP will be well down today with that forecast...

I sense the SP will be well down today with that forecast perspective, which is extremely conservative IMHO. Page 30 of the presentation indicates for the Oz market they achieved circa 50% price gains, Domestic mills always lag international and hence why further increases have come in to play from January 2022 which will provide even stronger returns, but 50% to me demonstrates they are well below international prices still! Certainly the US spreads will reduce but from an Australian perspective results should improve 2H 2022 not reduce...