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China's mill confirms iron ore price cut for Q4
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A Tangshan mill disclosed that the company has received the notice of the three iron ore miners about the fourth quarter price reduction by 10~13 percent. Earlier China’s iron ore spot price has slumped amid the fear that the price cut in the fourth quarter. It’s said that Rio Tinto and BHP will cut its price to US$137/ton C&F and CVRD will cut to US$161/ton.
News Date
9/10/2010 12:00:00 AM
reported by
Kan
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