So too much ore in stock piles in china.so someone needs to cut production.nice if the big 4 all did 5 % less.or hows bout fmg cut 50 mil tons production.so now send 120 mil tons at say 50 dollar profit =6 billion.or continue to send 170 mil tons at 15 dollars profit =2.5 billion profit.makes perfect sence right.
So too much ore in stock piles in china.so someone needs to cut...
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