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    iron investing

    CISA says China has kicked off iron ore price talks

    Investing News Network
    Nov. 01, 2010 10:58AM PST
    Base Metals Investing

    Mineweb.com reports that the Chinese Steel & Iron Association ( CISA) is engaged in talks for the price of iron next year, on the heels of having officially adopting a quarterly pricing scheme.

    Mineweb.com reports that the Chinese Steel & Iron Association ( CISA) is engaged in talks for the price of iron next year, on the heels of having officially adopting a quarterly pricing scheme.

    The editorial is quoted as saying:

    Chinese steelmakers have been forced to buy iron ore shipments on a quarterly pricing since this year, despite strong criticism from the industry body.

    To access the full editorial, click here.

    iron investing
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