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 December 22, 2006
Baosteel and BHP Settle Benchmark Iron Ore Prices for 2007
On 22nd December 2006, Baosteel and BHP, one of the major iron ore producers of the world, reached agreement on benchmark prices for Newman fine ores and Newman lump ores for 2007.
As a result, Newman fine ore and lump ore prices for 2007 increase respectively by 9.5% relatively to the 2006 reference prices. |
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