DJ Baosteel Blames Financial Speculators On Iron Ore Price Surge – TradingMarkets.com

Baosteel, Chinaos;s biggest steel producer, is representing local steel mills in talks with the big three ore miners – Comphania Vale do Rio Doce (RIO), Rio Tinto Ltd. (RTP) and BHP Billiton Ltd. (BHP). The continuous rise of iron-ore prices in the …

more …

compliments of steelwarehouse.com