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TAN
Guest
TAN

Why would they need to increase their discounts? Or why are
“thought” to have increased discount? Demand very strong in da markits and supply in hands of them and Samancor. They can demand discount or sell to alternate. Understood discounts at 18-20.

joe
Guest
joe

glencore have not increased discounts. as you say: they don’t need to. all major european and us mills use the benchmark for surcharges. it serves both sides well….

TAN
Guest
TAN

Yes this guy hate Glencore haha so always write negative