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English > Industry > Industry-Breaking News>Iron Ore Price Talks Continue - CISA

Iron Ore Price Talks Continue - CISA

07-16 18:00 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-07-15/110198223.html

» The negotiations on 2009 iron ore contract prices between Chinese steel makers and international suppliers are still underway, someone from the China Iron and Steel Industry Association (CISA) said.
» Even though steel companies in Korea and Japan have already accepted a 33 percent price cut from the suppliers, no final agreement has yet been reached for CISA.
» The Chinese steel industry is still rejecting the 33 percent price cut.
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