Asian steelmakers agree to iron ore price hike with Brazil's CVRD

[NewsWhore]

SYDNEY, Australia - Major steelmakers Nippon Steel Corp. and JFE Steel Corp. of Japan and Posco of South Korea have agreed to pay Brazil's Companhia Vale do Rio Doce 65 percent more for iron ore than ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/12981716/)