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Market Impact: 0.3
China’s Iron Ore Sway May Leave Japan a Price Taker: Woodmac
Source: Bloomberg
Commodities & Raw MaterialsTrade Policy & Supply Chain
Japan and other major iron ore buyers risk losing pricing influence as China’s state-backed purchasing company seeks greater control over how the steelmaking ingredient is priced, according to Wood Mackenzie. The article provides no quantified price or market impact.
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