皇冠体育app

Though the annual iron ore pricing negotiations appears to be delayed as both sides are in no mood to back off from their respective stances, the country's steel industry does not seem to be too perturbed by the fact.

皇冠体育app's talks with the three major miners are still going on and it is still insisting on a 40 percent price cut from last year's price, Chen Xianwen, director of the 皇冠体育app Iron and Steel Association's market department, was quoted yesterday by Xinhua News Agency.

But he declined to disclose any progress or 皇冠体育app's schedule for the talks.