2006 iron ore price negotiations - update

TMCnet today report on progress in negotiations over the 2006 iron ore price. With the fifth-round negotiation between China's steel plants and leading world iron ore suppliers about to start, the current expectation is for a 20-24% price increase.

For full story, see:
http://www.tmcnet.com/usubmit/2006/04/28/1620734.htm

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