Mar 1st, 2019
Vertical Group's Johnson Says He Would Short Cliffs, U.S. Steel
The global iron-ore market has been rocked after Vale SA’s dam burst in Brazil in late January, which spurred a rally in prices as Vale declared force majeure on some shipments amid plans to cut output by as much as 70 million tons. Gordon Johnson, managing director and analyst at Vertical Group, talks with Bloomberg's Alix Steel about metal prices, the iron-ore supply chain and his positioning in the group. (Source: Bloomberg)
