My point is not a rise but an excessive rise. That is all. What we want is sustainable levels that are phenomenal in profits to the low cost players like fmg but also for spending to continue. In Asia, unlike Australia, there is what we call the budget range (generally the high polluters , non tax payers ) the demand for that sector diminishes as the retail sector (40:60 split) dominates that sector.
Iron ore price, page-31675
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