Spot option looms large on steel industry's radar

By Jiang Wei | China Daily | Updated: 2009-06-18 08:09

Spot option looms large on steel industry's radar

Iron ore being unloaded at the Rizhao port in Shandong province. Chen Weifeng

China's steel industry is at a delicate stage in negotiations with global miners for this year's iron ore supply contract price.

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