Dryblower on the high cost of a premature iron ore exit

NO one in the iron ore business should be unhappy with the price at a seven-year high of US$135 a tonne but there is one person Dryblower knows who might be feeling a bit glum.

Dryblower on the high cost of a premature iron ore exit Dryblower on the high cost of a premature iron ore exit Dryblower on the high cost of a premature iron ore exit Dryblower on the high cost of a premature iron ore exit Dryblower on the high cost of a premature iron ore exit

Lourenco Goncalves, chairman, president and chief executive officer (yes, all three jobs) at the US iron ore miner and steel maker, Cleveland-Cliffs, has every reason to wonder what might have been if