24.07.2009 - China resists 33 pct Iron ore price cut
From Mineweb.com: A top China steel industry official restated on Thursday strong opposition to settling iron ore prices at the same 33% cut other Asian mills have agreed, but said a deal could still be reached by month's end. "It's impossible for China to accept the 33% price (cut) ... You will see an outcome in around 10 days," Li Xiaowei, vice chairman of the China Iron and Steel Association (CISA) was quoted as saying by Dow Jones...........Full Article: Source
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