RE: RBC triggers undervalued Japanese mills will only buy raw materials through trading companies - ie Sumitomo / Marubeni / Mitsui. Mitsubishi and BHP in JV in Aussie Bates does have connections with Mistui's coal trading company. We can only hope that they are in discussions. Marubeni was involved in a JV to take Grande Cache out, each trading company has strong relationships with specific mills. Ie Mistui - Nippon / Marubeni - JFE
I HOPE THAT SOMETHING IS IN THE WORKS, THESE COMPANIES HAVE A LOT OF CAPITAL.