i don't see how FMS can still squeeze into this ironore market..... BHP, RIO, FMG and a few other smaller producers will be fighting each other to sell products to the Asians..... emerging explorers are no longer the favour in this condition as they will find financial backers hard to get.....
we having global slowdown and all the big companies like BHP, RIO, Vale, etc.... claiming they will be upping multi-hundred millions tonnes of ironore into the supply market....
downramper, page-15
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