Pile up

A curious fight over iron-ore pricesTROUBLE is brewing as the April 1st deadline approaches for the conclusion of the annual negotiations between China and its main foreign suppliers of iron ore. In February China’s largest steelmaker, Baosteel, struck a deal with Vale, a Brazilian mining giant. But negotiations have dragged on with the other two big suppliers, Rio Tinto and BHP Billiton, both of which have large operations in Australia. Things are now starting to get dirty….
Original Source

  27 March, 2008| massmedia | @ 14:45

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