From Ninemsn.com.au: The China Iron and Steel Association (CISA) is drawing up new rules that will force all Chinese mills to accept a single "unified" iron ore price, Xinhua news agency reported on Friday.
Citing the association's secretary general, Shan Shanghua, the report said CISA was sticking to three basic principles -- continuing contract price negotiations with foreign miners, establishing a unified price system and "changing the chaotic domestic iron ore market situation".........Full Article: Source
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