Subscribe to RSS feedChina to toe line on ore
CHINA is set to agree to iron ore price decreases similar to those agreed by Asian rivals, according to Barclays Capital.
STEELED FOR DECISION: Recovery in steel and iron ore prices has undercut bargaining power
The country would also reopen idled mines next year, as the global market is set to tighten and prices may rise 10%, the banking group said.
China, the world’s largest iron ore importer, had to decide this week whether...
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