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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.
