News
Iron ore talks: Buyers and suppliers
Updated: 2010-03-26 18:05
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Large Medium Small |
| Buyers | Suppliers | ||
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China: |
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Rio Tinto: Based in Melbourne and London, the world's second-largest supplier of iron ore. |
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Japan: |
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Vale: Headquartered in Brazil, the world's largest iron ore producer. |
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South Korea: |
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BHP Billton: BHP Billiton, based in Melbourne, the world's largest diversified resources company. |
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EU: |
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FMG: Fortescue Metals Group, one of the world's largest producers and sea-borne traders of iron ore. |
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Results of Previous Talks | |||||
|
Year |
Time |
Side |
Price | ||
|
Buyer |
Supplier |
Powder Ore |
Lump Ore | ||
|
2009 |
Aug 2009 |
CISA |
FMG |
-35.02% |
-50.42% |
|
May 2009 |
Nippon Steel |
Rio Tinto |
-33% |
-44% | |
|
2008 |
Jan 2008 |
Baosteel |
Rio Tinto |
79.88% |
96.5% |
|
March 2007 |
Nippon Steel/Posco |
Vale |
65% |
71% | |
|
2007 |
Dec 2006 |
Baosteel |
Vale |
9.5% |
9.5% |
|
2006 |
June 2006 |
Baosteel |
BHP Billiton |
19% |
19% |
|
2005 |
Feb 2005 |
Nippon Steel |
Rio Tinto |
71.5% |
71.% |
