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Keyword: ironminers

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  • China steelmakers warn Australian miners of 'revenge': report

    04/04/2008 3:23:28 AM PDT · by TigerLikesRooster · 7 replies · 114+ views
    AFP ^ | 04/04/08
    China steelmakers warn Australian miners of 'revenge': report Fri Apr 4, 2:37 AM ET China's top steelmakers' association has warned that Australian mining companies could face "revenge" over the aggressive pursuit of higher prices for iron ore, a report said Friday. "Buyers and sellers should not be hostile -- they should be interdependent," the deputy director-general of the powerful China Iron and Steel Association, Chen Xianwen, told the Australian Financial Review. "(But) if you have been aggressive, you can experience revenge in the future," Chen said in an interview in Beijing. The comments come as Anglo-Australian mining giants BHP Billiton...