Fortescue Chairman Urges China to End Iron Ore Buying Strategy
Fortescue Ltd.’s Executive Chairman Andrew Forrest said China’s state-backed iron buyer should stop using tactics aimed at negotiating lower prices for the key steel ingredient.
By Paul-Alain Hunt, Katharine Gemmell, Stephen Engle · Bloomberg Markets
Fortescue Ltd.’s Executive Chairman Andrew Forrest said China’s state-backed iron buyer should stop using tactics aimed at negotiating lower prices for the key steel ingredient.