S.Korea, China discuss iron ore pricing, BHP-Rio JV

Newswire

SEOUL, May 25 (Reuters) - South Korean public and private sector officials shared concerns about recent iron ore price hikes and a possible BHP Billiton-Rio Tinto joint venture with their Chinese counterparts at a steel meeting in Beijing on Tuesday. The two sides shared the view that it was necessary to cooperate in opposing a joint venture by the mining giants, a statement from South Korea's Ministry of Knowledge Economy said. "The parties also agreed it is necessary for major global ...

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