We expect a gradual reduction in the quantity of steel sold to ArcelorMittal, given that the renewal of umbrella agreement between ArcelorMittal and Cliffs seems unlikely, and also as ArcelorMittal focuses on expanding its iron-ore production capacity globally.
There is not much incentive for individual growers to sacrifice quantity for quality because their grapes are sold by weight to agents who lump together fruit from dozens or hundreds of individual growers.