Tag: iron ore supply terms
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China: CMRG asks select steelmakers to temporarily pause fresh purchase discussions for Rio Tinto’s iron ore
Ask comes amid contract negotiations with Rio Tinto reaching critical stage Negotiations over iron ore supply terms reportedly enter a critical phase China has reportedly instructed some steelmakers to temporarily pause discussions for fresh iron ore purchases from Australian miner Rio Tinto, with negotiations between the two sides reaching a critical stage. As per reports…