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Iron ore rate cut 'plan' in the bag

By Jiang Wei | China Daily | Updated: 2009-06-04 08:01

Iron ore rate cut 'plan' in the bag

Imported iron ore being unloaded at a dock in Zhejiang province. Zhang Heping

China's steel industry had a new plan for talks with overseas suppliers on iron ore prices, a senior industry official was reported as saying, but insiders were split on the possible outcome of the ongoing negotiations.

Iron ore rate cut 'plan' in the bag

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