The risk is that China does not slow its steel production as much as we expect and if that is the case, the deficit will be higher.

192

It seems to us a 20 percent increase is absolutely achievable. It would be quite possible for (the miners) to say to the Chinese, we would deliver iron ore to you at the same prices you got in 2005 given that freight rates have come down by half.

167

Both my wife and our children are from Hawaii. We get macadamia nuts shipped to us regularly, and I think chocolate and macadamias go together like a husband and wife. The tartlets have key lime and a coconut crust, which make me think of romantic tropical beaches.

109