I only attended the conference. Nothing more. I was shocked....

I only attended the conference. Nothing more. I was shocked. They're already making almost 1 billion tonnes of steel pa.!!!!!!!!!!!!! Oversupply by hundreds of millions of tonnes of steel p.a. you understand?????. Cant stop production so easy. You get it??? They intend to do what europe did and cut back. I live in china so know what is going on with development here. Don't believe me?? The speakers were CEOs of all the major companies. They still want iron ore, but I'm sure they'll get their price. Over and out.