China mulls setting up iron ore group to gain bargaining power: sources
June 25, 2022 Comments Off
China is looking to set up an iron ore purchasing group by the end of 2022 and build distribution centers at ports, as domestic industry players seek more bargaining power in iron ore trade negotiations and supply security, industry sources said June 24. This development, if realized, will be in line with broader industry plans to boost iron ore resources…
China mulls setting up iron ore group to gain bargaining power: sources
China is looking to set up an iron ore purchasing group by the end of 2022 and build distribution centers at ports, as domestic industry players seek more bargaining power in iron ore trade negotiations and supply security, industry sources said June 24. This development, if realized, will be in line with broader industry plans to boost iron ore resources…
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