Fortescue Metals Group, the world's fourthlargest iron ore miner, has also agreed to include price indices published by Mysteel and local rival Custeel in price setting, Custeel and a source at a steel mill said. China imported a record billion tonnes of iron ore in 2017, worth about 80 billion at current prices, accounting for more than 80 percent of the country's total consumption.
Chinese steel mills win domestic iron ore pricing in some ...
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