BHP 0.43% $41.46 bhp group limited

re: iron ore price negotiations to start This part of the...

  1. 61 Posts.
    re: iron ore price negotiations to start

    This part of the Australians article doesn't seem to make much sense..

    Quote...

    Another rumour holds that the Australians are preparing to accept a rollover in prices, in return for freight equalisation - Brazilian iron ore landed in China is up to $US18 a tonne cheaper than the Australian ore.

    But that relative cheapness of Australian iron ore will also undermine BHP and Rio's push for a price increase.
 
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