"I wonder if Baosteel would be interested in buying Cliffs chromite for, say, in this market, 50 million."

Are you kidding me? Don't think for one moment that Clf will let this go. They need it big time....or that is to say Uncle Sam does. They're simply doing the US hustle because they're used to having everything their own way....except....the times they are a changin' and there are other interested parties out there....and they know it.