“We believe India could easily double its iron ore reserves.”
Don Carroll
“This announcement is certainly consistent with China's tougher (more disciplined) stance in the iron ore contract negotiations.”
Malcolm Southwood
“Iron ore and steel stocks were supposed to be struggling, but they brought us some of our best returns in the quarter.”
Chris Palmer
“This is far from the consolidation level of our suppliers on iron ore or coal on our raw material side, or far from the consolidation level of our customers on automotive or packaging, for instance, so consolidation will continue.”
Philippe Varin
“Spot prices for iron ore are certainly above the delivered price for Australian iron ore into China.”
Chip Goodyear
“Although China's demand is large and stable because of huge (existing) capacities, the import of iron ore is linked to actual production... Mines should consider their long-term interest rather than focusing on near-term profit.”
Gu Yaoqiang
“The market appears to have reacted negatively to the speculation that has emerged out of China regarding the iron ore price.”
Brendan Harris
