That would be a difficult point if one day Australia has to defend that in the WTO. Lourenco Goncalves More Quotes by Lourenco Goncalves More Quotes From Lourenco Goncalves In their imaginary world, 60 million tons of capacity will go offline this year, then another 125 million tons of capacity will go out of commission next year. Lourenco Goncalves company-news That's not the case. Everyone is driving down costs, everyone is trying to continue to cope. You're not seeing any meaningful number of tons going offline. Lourenco Goncalves company-news During these past 13 months, just by these three companies, an amount of more or less $50 billion EBITDA was destroyed. Lourenco Goncalves company-news They want to help BHP, they want to help Rio Tinto, they want to help that lady over there, Gina whatever, they are going to continue to help Fortescue Metals Group and they will believe that they will always crush Chinese producers. Big mistake, but it is what it is. Lourenco Goncalves company-news
