Opening Moves in 2010 Iron Ore Price Negotiations
Published:
2009-11-04
"Looking at it from a short-term basis, the possibility of iron ore prices going up in the coming year is quite small," Luo Bingsheng, vice-chairman of the China Iron and Steel Association predicted at CISA's fourth news briefing this year. He admitted that "the three mining giants are still the big players" and hoped that a win-win solution could be negotiated. Reports from Rio Tinto's investor seminar held in Melbourne on Monday, indicate that the mining company is appoaching the negotiations with an open mind but that they expect iron ore prices to continue to rise into 2010.
Source
Beijing Times
Google Translation
The views posted here belong to the commentor, and are not representative of the Economic Observer |
Related Stories
Popular
Briefs
- Russian Man Dies of A/H1N1 in Beijing
- A 32 year-old Russian man died in Beijing on November 2, pushing up the the number of recent deaths on the mainland from the A/H1N1 strain of influenza to eight.
- Source:Beijing Municipal Health Bureau
- World of Warcraft: Ministry of Culture vs GAPP
- The Ministry of Culture and the General Administration of Press and Publication have clashed over who has the authority to allow online role playing game, World of Warcraft to operate in China.
- Source:General Administration of Press and Publishing
- REGIONS
- China's Economic Zones: A Regional Round-up
- A look at the important economic developments shaping China's regions.
Interactive
Multimedia
A look at Nanjing local government's controversial urban reconstruction project
E-paper
|
