Subscribe to RSS feedRio Tinto denies agreement with China
by
Liz McCarthy, London
—
last modified
Jul 23, 2009 04:37 PM
RIO Tinto has rejected claims it agreed a 33% cut in prices with China’s steel mills.
Market rumours had circulated that the Chinese Iron & Steel Association had committed to a new benchmark price with Rio Tinto, but this was not true, according to the company.
“We have reached a benchmark agreement with Japan, South Korea...
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