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Baosteel has not yet started, said Wang mine iron ore price ......
| Time：[2008-12-10] Read[224] | It is said that for China has already begun with the three major mine (Rio Tinto, BHP Billiton, and CVRD) negotiations, Baosteel Group, Ding Shou-hu, chief negotiator in an interview yesterday that Baosteel has not started negotiations with three mines currently being Baosteel Preparation phase, when the unknown.
China Iron and Steel Association Secretary-General to accept foreign single-Shang-hua said the interview will be asked to Rio Tinto, and other producers dropped the price of iron ore, and should have fallen to 1994 levels of iron and steel prices in line --- if Rio Tinto agreed to this Requirements, means that the price reduction to 82%.
In response, Ding Shou-evaluation of the tiger has not only said that this year China's steel industry heavy losses, the price of ore should be "more than a little down."
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