N number22 Aug 16, 2009 #11 Quote from number22: I think(speculate) Chinese can squeeze 36% to 39% cut, anything above 40% is very unlikely. More... Well, I was wrong on this, China got 50% cut from 2008 price with Fortescue.
Quote from number22: I think(speculate) Chinese can squeeze 36% to 39% cut, anything above 40% is very unlikely. More... Well, I was wrong on this, China got 50% cut from 2008 price with Fortescue.
N number22 Aug 16, 2009 #12 http://www.bloomberg.com/apps/news?pid=20601089&sid=aAFIkKmZclR0 35% cut for fine pallet: 94c per ton 50% cut for lump: 100c per ton I mixed up the number, should read the news-wire more carefully.
http://www.bloomberg.com/apps/news?pid=20601089&sid=aAFIkKmZclR0 35% cut for fine pallet: 94c per ton 50% cut for lump: 100c per ton I mixed up the number, should read the news-wire more carefully.
