TSX:TECK.A - Post by User
Comment by
VOKBLVRon Feb 27, 2017 7:10pm
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Post# 25902070
RE:Lindsay waiting for India-watching China-Forget U.S.A.
RE:Lindsay waiting for India-watching China-Forget U.S.A.The US is 5% of Teck sales. The infrastructure spending in China is much larger than the US is contemplating and it is comitted.He also said that bringing on additional Met coal production will be postponed until India increases its steel making capacity because a 4-6 million ton production increase could tip the market from shortage to surplus and negate the profitability of additional production.