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BHPB settles 19% price rise with Nippon Steel

BHP Billiton has won an 18.62% increase in the price it will receive for its mainstay iron ore product from Nippon Steel.

Michael Quinn
BHPB settles 19% price rise with Nippon Steel

The announcement follows a statement from CVRD overnight that the Brazilian giant has won a similar increase from European steel maker Arcelor. BHPB will receive 35.99 US cents per dry metric tonne unit...

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