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Taiwan’s China Steel to Ask for Iron Ore Delivery Delays
Nov. 18, 2011 03:04PM PST
Base Metals Investing Reuters reported China Steel (TPE:2002) plans to ask miners BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) to delay iron ore.
Reuters reported China Steel (TPE:2002) plans to ask miners BHP Billiton (NYSE:BHP) and Rio Tinto (NYSE:RIO) to delay iron ore.
As quoted in the market news:
Sluggish demand has forced steelmakers across Asia to curb production, although China Steel may be among the first to have sought a delay in raw material shipments.
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