RE:The new Chinese steel regulationAs the stimulus works its way through China, infrastructure demand will increase; therefore, you'll get more steel demand, and any extra V demand due to new regulations will become more pronounced. Meanwhile, ilmenite is still ramping, and the US is cutting rates. In other words, this sob story can go from negative to positive really fast. Meanwhile, the company is lowering costs dramatically, and Larry Fink is setting up a big fund for infrastructure.