Iron ore price negotiations - Rio and BHP may cut Q4 price by 11pct
Published on Fri, 27 Aug 2010
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Researcher UC361.com citing average Platts index prices reported that Rio Tinto Group and BHP Billiton Ltd may ask Chinese steelmakers to pay 11% less for fourth quarter iron ore prices.
Mr Hu Kai an analyst at UC361.com said that prices may drop........more
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