Yes, JGollner, the news "China demands BHP, Vale, RIO cave in and renegotiate prices down to 1994 levels in the space of 3 weeks" is frighteful, isn't it.
How many months did BHP and China take to negotiate the current contract? It expired in April, but they were still arguing months later in July.
Somehow, imaginative as I sometimes am --- or is that delusional, lol --- I can't see Baosteel and the gang saying to hard-nosed Marvellous Klodhopper: "Er... Marcus, cut your price by 90% by January".... and Marius says, "Yes, of course, right away."
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Yes, JGollner, the news "China demands BHP, Vale, RIO cave in...
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