RE: Japan will need a lot of steel After the Fukosima disaster, Japan has decided to dump nuclear power and replace it with coal power. And so is Germany. Coal will be back in focus and the drawbacks of emmissions will be offset with filtering of the flue gases with scrubbers reducing pollutants by up to 95%. This is what is happening with incinerators today from what I know from personal experience as Power Systems Engineer with the Peel Resource Recovery Inc. These scrubbers are using lime to filter the flue gasses achieving remarkable results up to 98% of clean air coming out to the stack. The only drawback is the disposal of heavy metals which have to be burried deep in the ground. So "clean coal" is in the works, and both Japan and Germany are going to be using coal fuel to power their power plants. If that is so, building so many power plants will need a lot of steel and hence iron ore and met coal. Hopefully, Mitsui will show an interest in CMK as a viable resource in the coming years. Then there is the CO2 emmissions which is a concern, but so is with nat gas. But countries which have a lot of forests it's not of a big problem because the CO2 is absorbed by the trees. The question is the rate of absorption of CO2 and if the generation of this gas is at a higher speed than what the forest can absorb so it does not contribute to the "green house" effect.