Tentative Deal Reached on New Iron Ore Price System

By editor Mar 22, 2010, 12:47 AM

Tentative Deal Reached on New Iron Ore Price System - Global miners and Japanese steelmakers have reached a tentative deal to replace the 40-year-old iron ore pricing system based on annual contracts and lengthy negotiations with short-term contracts linked to the spot market – FT

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Tentative Deal Reached on New Iron Ore Price System

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