"In a separate statement, Baowu noted it had now struck yuan-based deals with the “three giants” of iron ore - BHP, Rio Tinto and Vale."
(source : see above)
And I almost forgot (my apologies for disappointing you) , Twiggy led the Charge by dickering with the Devil in Rinimbi last December:
https://www.mysteel.net/article/5011740/FMG-sells-first-Yuan-priced-iron-ore-deal-on-COREX.html
No wonder the US have been a bit shirty with us of late...eh?
When Sadam Hussein started to sell oil to Europe in Euros, he had a visit from the US Cavalry.
- Forums
- Economics
- China-Russia de-dollarize
"In a separate statement, Baowu noted it had now struck...
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)