Yes Swerdna, we've recently had the steel tariff news, which, in particular, did not go down well with Canadian investors. Also had iron ore price come off, although now stabilised & actually up a bit with Bloom Lake product now around US$93 p/t CFR China.
https://www.businessinsider.com.au/iron-ores-price-china-steel-production-2018-3
Speaking of iron ore, the bulk carrier Magnus Oldendorff is on the way to Sept-Iles to collect our first 196,000 tonnes on 24 March. Then another two shipments of 180,000 tonnes due out on 7 April & 23 April. Schedule below:
http://www.portsi.com/wp-content/uploads/2018/03/2018-03-Courrant.pdf
In time this should become one shipment every 9 - 10 days to reach export target of 7.4 mtpa.
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Yes Swerdna, we've recently had the steel tariff news, which, in...
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