Financial Times FT.com

Iron ore pricing deal faces fresh delays

By Patti Waldmeir in Shanghai

Published: July 10 2009 18:33 | Last updated: July 10 2009 18:33

Allegations that Chinese steel industry officials colluded with detained employees of Rio Tinto, the Anglo-Australian miner, could delay the conclusion of contentious annual iron ore pricing negotiations, steel market analysts said on Friday. The talks are already the longest in 40 years.

Australian officials on Friday gained consular access to one of the four Rio employees being held, Australian Stern Hu.

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