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Nerves of steel as regulators probe iron ore

Started by staff, June 25, 2008, 12:41:35 PM

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staff

Nerves of steel as regulators probe iron ore
      


Are steel companies really hurting from huge rises in the price of raw materials like iron ore? The biggest miner BHP Billiton reckons they aren't and hopes to sway anti-trust regulators who are reviewing its takeover bid for rival Rio Tinto.
Steel firms from China to Japan to Europe have cited rising raw material costs as [...]
         

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