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China''s leading steel companies have formed a group to investigate whether quot;nonmarket factorsquot; are causing a record surge in iron ore prices and have called on the government to maintain market
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#0183;#32;China is close to giving the goead for some of its biggest stateowned companies to develop the giant Simandou iron ore mine in Guinea, potentially paving the way for the project to
By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP Billiton, Rio Tinto and Vale. During the Global financial crisis the Chinese steel mills won price reprieves as demand from their customers slowed.
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