Tony, I am interested in your take on fears of a US recession reducing the demand for raw materials. Do you see this impacting on current iron ore negotiations?
Do you see a proper spot / futures market for iron ore in the near future (moving away from the current negotiation method)?
Despite modest drops in the metals market, there still seems to be interest in corporate activity at the highest level - xtrata/cvrd, & even bhp's comments about RIO seemed a little opportunistic.
Regards,
Mark.
Tony, I am interested in your take on fears of a US recession...
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