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Showing posts with label China Iron and Steel Association. Show all posts
Showing posts with label China Iron and Steel Association. Show all posts

10/31/11

China Seeks New Iron Ore Price Model, Holds Talks With Miners?


Oct. 31 (Bloomberg) -- China, the world’s biggest iron ore buyer, said it’s held talks with Vale SA, Rio Tinto Group and BHP Billiton Ltd. to set up a new pricing mechanism after a plunge in cash market prices.

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