Guild International » iron ore

Asian stocks up as US, Japan data boost confidence – The Associated Press

Chinese steel industry news — Mon, 10 Aug 2009 02:50:00 +0000

Asian stocks up as US, Japan data boost confidence
The Associated Press
A state secrets watchdog said over the weekend that Rio Tinto's alleged spying led Chinese steel companies to overpay for imported iron ore by 700 billion …

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Stern Hu's predecessor plays down spying affair's effect on trade – Australian Broadcasting Corp.

Chinese steel industry news — Sun, 09 Aug 2009 23:32:00 +0000

An iron ore consultant, who was formerly employed in the job of detained Rio Tinto employee Stern Hu, doesn&os;t believe the current furore between China and Australia will have a long-term effect on our business relationship. Authorities in China have …

Rio Spying Cost Steel Mills $102 Billion, China Says (Update2) – Bloomberg

Chinese steel industry news — Sun, 09 Aug 2009 21:16:00 +0000

Aug. 10 (Bloomberg) — Rio Tinto Group, the third-largest mining company, spied on China’s steel mills for six years, creating 700 billion yuan ($102 billion) in excess charges for iron ore, a report on a Chinese government-run Web site said …

Rio Spying Cost China Mills $102 Billion, Agency Says (Update2) – Bloomberg

Chinese steel industry news — Sun, 09 Aug 2009 21:16:00 +0000

Aug. 10 (Bloomberg) — Rio Tinto Group, the world’s third- largest mining company, spied on China’s steel mills for six years, creating 700 billion yuan ($102 billion) in excess charges for iron ore, a report on a Chinese government-run Web site …

Crackdown fuels price – The Australian

Chinese steel industry news — Sun, 09 Aug 2009 20:33:00 +0000

THE tragedy of the Chinese crack down on sections of its steel industry is it has fed directly into higher prices as iron ore import volumes continue to rise sharply. Over the last four to five weeks spot iron prices have increased 20 per cent or …

Smaller steel mill owners in limbo – China Daily

Brazil steel industry news — Sun, 09 Aug 2009 20:28:00 +0000

guardian.co.uk

Smaller steel mill owners in limbo
China Daily
… and Brazilian company Vale. They have been left trying to get iron ore at any price, often at inflated levels, from the traders and big steel producers, …
Beware the wounded Chinese bureaucratBrisbane Times

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Smaller steel mill owners in limbo – China Economic Net

Brazil steel industry news — Sun, 09 Aug 2009 19:22:00 +0000

One of the more controversial organizations in the recent wrangling over the price of iron ore that led to the arrest of four Rio Tinto executives in China remains open, but there is now no nameplate on the door. The Rizhao International Iron Ore …

China Accuses Rio Tinto of Deceit – Wall Street Journal

Chinese steel industry news — Sun, 09 Aug 2009 18:03:00 +0000

SHANGHAI — A Chinese state-secrecy watchdog accused miner Rio Tinto PLC of using “deceit” for six years to illegally obtain information that resulted in the nation&os;s steelmakers being overcharged more than $100 billion for iron ore, in a possible …

Rio Spying Cost Steel Mills $102 Billion, China Says (Update1) – Bloomberg

Chinese steel industry news — Sun, 09 Aug 2009 16:51:00 +0000

China says Rio spying has cost it $100bn – Financial Times

Chinese steel industry news — Sun, 09 Aug 2009 12:19:00 +0000

China has accused Rio Tinto of spying on its steel industry for six years, costing the country Rmb700bn ($102bn) in excessive charges for iron ore and highlighting the need for Beijing to overhaul the way it deals with state secrets so that it can …