Peter Hambro from Hong Kong-listed iron ore group IRC Ltd speaks to Katie Pilbeam about the company's latest developments and the steel industry as a whole.
He believes that steel is vital in the transition from the carbon economy and is confident the company can meet Chinese demand for iron ore, which he expects to rise dramatically.
Bulk commodities are all about logistics says Hambro and IRC is virtually on the border with China, he says.
Hambro also spoke about the attempt of the largest shareholder in Russian gold miner Petropavlosk to seek an injunction to stop it from selling the IRC shares that it owns.