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Goncalves still giving rivals an iron fist

Outspoken Cleveland-Cliffs CEO Lourenco Goncalves has tipped Fortescue Metals Group will come under pressure due to China’s move towards high-grade iron ore.

Goncalves still giving rivals an iron fist Goncalves still giving rivals an iron fist Goncalves still giving rivals an iron fist Goncalves still giving rivals an iron fist Goncalves still giving rivals an iron fist

Lourenco Goncalves: 'Do I need to be more clear?'

On a conference call on Friday, Goncalves said he was the first to predict China's move towards higher grade iron ore in a presentation in Perth in March 2015.