Shanxi steel mills forge ore deals, says report
By Jiang Wei and Wang Ying | China Daily | Updated: 2009-06-20 08:07
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With last year's contracts set to expire soon, Chinese steel mills are in a quandary as to where to source ore supplies from as the deadlock continues. Chen Weifeng |
Steel mills in Shanxi province have reportedly signed long-term contracts with foreign miners for this year's iron ore supply despite the national steel association banning steelmakers from making individual contracts.
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