I would be surprised to see CSM getting into the coal business....

I would be surprised to see CSM getting into the coal business. MK has stated clearly that "CSM is in the Steel business". They have more projects to choose from in this area than they can physically work on. The only thing holding them back on a lot of these projects is simply access to drilling riggs in the first instance. Take a look at CSMs chart over the past 12 months and more. That nice 45 degree angle heading North is not likely to change for some years. CSMs entry into the Indian market is very well timed. Even if China slows down, it will have no effect on CSM. Global prices for Chromite and Manganese will remain at current levels or higher for years. India is really looking good. and will see CSM continue to grow. Demand for everything CSM can dig out of the ground will exceed what can be dug up for a long time. Bare in mind that the quality of the ores that CSM has is top line.