I don't often agree with analysts but I like this one as a form of positive reinforcement.
Anyway the green steel biz is a long way off from being a reality and might not turn a buck for us. To suggest this will drive the IO price higher in the near term is a bit absurd.
My guess is that the green steel is perhaps 5 years away from a commercial viable reality, although I don't really know and nor does FMG.
not to dampen the plans, I do support this move absolutely. but I don't think it will move markets the way you are suggesting for a long long time.
Iron ore price, page-27869
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