Dryblower on the ongoing saga of rigged metal markets

IF THE world’s most important interest rates were rigged for years and the key London gold fix was rigged by a junior banker, Dryblower wonders whether there’s a chance of other markets being rigged – such as iron ore?

That thought, which verges on being a reasonable suspicion, has been developing since China’s biggest steel maker, Baosteel, launched a takeover bid for Australia’s Aquila Resources on May 5.

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