China 149.6 Japan 80.3 Russia 55.2 europe 54.3 india 42.8 South America 28.4 USA 21.2 Korea 30.1 AM 117
China 25% China + Japan + Korea 40% Europe 9% India 7% Russia 9%
IF SDL solely going to selling IO to Europe and may be INDIA we are talking about 16% or world production and there is no guarantee these producers are buying SDL IO
whereas China + Japan + Korea produce 40% of the world steel. China 25% alone
You see where my concerns cripping in?
it's all about bargainning power.
Altough it good to hear CHINA gave i to AUstralia demands.. but still don't know how that will effect South Africa Ore
SDL Price at posting:
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