TSX:TECK.A - Post by User
Comment by
Miner81on Oct 27, 2017 2:28pm
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Post# 26869645
RE:RE:RE:RE:China to greatly reduce is steel production very concerning
RE:RE:RE:RE:China to greatly reduce is steel production very concerningA few years back, Teck and the Steelworkers Union, had spoken to a delegation from India about Met coal. They stated that they would want to buy every ton of Met coal that Teck could produce in the future. I don't know if this still is the case now, but, it should back China into a corner and decide wether to play games with the coal price or get their quota of coal. India had stated last month that they would like to have Teck as a source of coal, since Australia is unreliable with their on going problems.