Subscribe Email a friendBiz China

China may agree 85% iron ore price rise2008-5-7 9:10:30

Senior figures in China's steel industry believe China will concede to Australian demands to include a freight premium in iron ore price negotiations that could see a price rise of up to 85 percent, the Australian Financial Review reported on Tuesday. The newspaper cited a senior source at a leading iron ore trader in China saying there was a strong view within the industry that miners will a