karasco-this is a bit left field,but if FMG, BHP, and RIO keep trying to cut costs with overproduction and the like,that"s exactly what china wants.it"s as if our big 3 producers are just competing with themselves and the overall winner is china who just sits back and collects at a huge discount to fair value.
obviously,you cannot interfere with free market capitalism with govt.regs.,but i just think ausland is being treated like a "soft target" on the world stage.
cheers crazypunter
Iron Ore Price, page-1172
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