Iron Investing News » Miners have forecasted the end to benchmark iron ore pricing

Miners have forecasted the end to benchmark iron ore pricing

May 8, 2009 @ 9:49 am In Iron Company News

A benchmark iron ore price this year below current spot prices is unacceptable, miner Rio Tinto declared that while rival BHP Billiton saw the traditional benchmark pricing system breaking down.

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[1] here: http://in.reuters.com/article/domesticNews/idINL862799120090508