Pressure on China to end ore impasse
China Daily | Updated: 2009-07-07 07:55
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Imported iron ore being unloaded at Rizhao Port in Shandong province. Chinese steelmakers face the risk of higher cash prices as the annual contract talks with ore producers are stalled. Chen Weifeng |
China is facing more pressure on the annual contract talks for iron ore supply, which is stalled with producers, because of the increasing cash prices.
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