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MIIT to protect steel sector from Rio-BHP tie-up
(CMIC)
Updated: 2009-07-14 11:27
China is working on countermeasures to protect the country’s steel industry from the proposed Rio-BHP tie-up, said Chen Haiyan, director of the Raw Material Department under the Ministry of Industry and Information Technology. “The alliance between Rio Tinto and BHP Billiton would present a great negative impact on the sound development of the steel industry in China, the world’s largest iron ore importer,” said Chen at an industry meeting held in Anshan, Liaoning... The full text is available in the July Issue of China Steel.Please visit E-shop(http://eshop.chinadaily.com.cn/)for more subscription details. (For more biz stories, please visit Industries)
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