I very much agree with Cos actually. The Chinese have no allegiance with RIO or BHP. They purely need Iron Ore for there next 20 year projects. To treat them differently would not only hinder potential profits, but would also be a slap in the face to all those who have accepted the 19% increase.
They will accept the 19%, not because they want to but because they have to.
And such is life.
china ready to accept 19 percent ore price hike, page-11
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