EPISODE · Jul 30, 2009 · 7 MIN
China Rumblings over BHP/RIO
While China has been holding out for a 40% discount in the long term contract price for iron ore, other markets have agreed to a 33% discount, plus spot price for iron ore is moving up David continues his analysis of the BHP/RIO, by making comment on their proposed joint venture and how China is lobbying hard to have the joint venture proposal overturned.
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China Rumblings over BHP/RIO
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