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China seeks one iron ore price in tough ‘09 talks

Posted on 23 October 2008

From Reuters: China’s steel industry will seek a unified iron ore price from Brazilian, Australian and Indian iron ore miners in the 2009 pricing negotiations, the head of the Chinese industry body said on Thursday.

“We are seeking one price for iron ore imports from Australia, Brazil and India,” Shan Shanghua, Secretary General of the China Iron and Steel Association, told reporters at a conference in Qingdao….. Full Article: Source


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