MELBOURNE (MarketWatch) -- Pointing to soaring spot iron ore prices, Rio Tinto Ltd. RTP continues to play hardball with steel makers and is holding out for a more-than-71% increase in contract prices ...
* Chinese mills resell iron ore cargoes on soft steel market * Shanghai rebar firms, but still 6 pct below April peak * China steel market to stay weak in May-industry group * Vale Q1 net profit drops ...
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