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Sure. Just look at the divergence of steel price from iron ore price. I don't think steel producers are complaining. The fact is, China has been way over consum
by fspeech 5y ago
Sure. Just look at the divergence of steel price from iron ore price. I don't think steel producers are complaining. The fact is, China has been way over consuming in terms of steel. Even if they continue to depend on Australia for iron ore, ore pruducers are not going to compensate wine makers or coal miners for their losses.