China economic news - article briefed on iron ore and the next round of negotiations are negative.
The article mentioned the discontent of the last 2 negotiations and the rises, as for this time round they are standing firm. China will be hard on the table they are wanting a 7 -9% reduction due to other cost factors rising.
The article continued to write briefly on selected iron ore projects chinese firms have invested making them less reliant on the big three iron ore providers in the future.
no rises in iron ore prices from china
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