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 Address to refer: https://www.researchchannel.co.za/article/china-steel-mills-resist-rios-demand-for-ridiculous-iron-ore-premium-2017-01-24
 Article Headline: China steel mills resist Rio's demand for 'ridiculous' iron-ore premium
 Abstract: Chinese steel mills have balked at global miner Rio Tinto's plan to charge a premium in long-term contracts for its highest grade of iron-ore, rekindling the conflicts that caused the collapse of an annual pricing system seven years ago. The world's second-biggest iron-ore miner is seeking a premium of at least 15c/t above the index price for its flagship Pilbara Blend iron-ore product, or PB fines, for all new long-term contracts, according to sources at two Chinese steel mills with knowledge of the talks.
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