"(And, IMO,we will see price reductions of 50% or more - not that unbelievable if you consider prices rose in the previous negotiations by 80%. )"
Chator,
Do you mean to say that the price of iron ore, after the 50% reduction you estimated to be, will then be less than when the 80% increase applied?
Think about it. Because that is what you are saying.
Buddy
fmg debt - a closer look, page-7
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