Talks on to end iron ore impasse
By Jiang Wei | China Daily | Updated: 2009-04-29 07:44
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A worker stands on top of stacks of steel products at a warehouse run by the Shanghai Yirong Trading Co Ltd in Shanghai. Bloomberg News |
Chinese steel mills are still locked in negotiations for this year's long-term iron ore prices with three major suppliers as the two sides have failed to agree on the size of price cuts, according to a leading industry association.
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