Impasse over iron ore continues
By Jiang Wei | China Daily | Updated: 2009-06-26 08:15
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A ship with imported iron ore being unloaded at Tianjin port. Chinese steel mills negotiations for ore supplies with foreign firms continue to be deadlocked. CFP |
Before Baosteel, on behalf of China's steel industry, took part in the negotiations with international miners in 2003, Chinese steelmakers were not as concerned about the iron ore prices as today.
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