News Photo: worker rests on rolled steel at a steel…
Title:

Chinese Mills Reject BHP's Iron Ore Premium Demand
Caption: SHANGHAI, CHINA - APRIL 6: (CHINA OUT) A worker rests on rolled steel at a steel products exchange market on April 6, 2005 in Shanghai, China. Chinese steel mills have rejected demands by top global miner BHP Billiton Ltd./Plc. that they pay premiums on iron ore purchases on top of a sharp industry-wide price increase for 2005. BHP wanted an extra USD 7.50 to USD 10 a tonne in addition to a 71.5 percent rise in ore prices. China's 16 major companies reached a consensus that 'BHP Billiton's demand goes against international practice', according to the China Iron and Steel Association. China has become the largest iron ore import country in the world, analysts expect that China will imported 250 million tons of iron ore this year. (Photo by China Photos/Getty Images)
Date created: 06 Apr 2005
Editorial image #: 52594155
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CHINA OUT
License type: Rights-managed
Photographer:

China Photos/Stringer
Collection:

Getty Images News

Credit: Getty Images
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Source: Getty Images AsiaPac
Release information: Not released. More information
Object name: 52592367GA030_Steel
Copyright: 2005 China Photos
Keywords: Man Made Object, Finance, Waist Up, Occupation, Resting, Steel, Shanghai. Find similar images
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Subject
Finance
Man Made Object
Occupation
Resting
Steel
Location
Shanghai
Style
Waist Up
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