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Re: bbotcs post# 81427

Friday, 12/18/2020 6:30:06 PM

Friday, December 18, 2020 6:30:06 PM

Post# of 113842
AYSI - hard to imagine there being any real impact. There is no where else for China to get the iron they need. Would take decades for China to even try to replace that supply. Could it eat into future demand out of Australia, possibly, but new mines would need to be built elsewhere, and new mines need wear protection.

Cutting off imports from Australia would be a classic “cutting off the nose to spite the face” scenario. Just not realistically plausible.

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