This used to be Game Over: one of the big three miners would announce the price at which it would sell iron ore to a big steelmaker for the coming year. The rest of the industry would then shrug and fall in behind them. But Rio Tinto's settlement on Tuesday with Nippon Steel, swiftly followed by deals with Kobe Steel, JFE and Sumitomo, may not be the end of this story.
这通常是游戏结束的时刻:三大铁矿石巨头之一会宣布来年向一家大型钢铁生产商出售铁矿石的价格。行业中的其他参与者会耸耸肩,然后遵循这一价格。但此次力拓(Rio Tinto)周二与新日铁(Nippon Steel)达成的价格协议(紧随其后的是与神户制钢(Kobe Steel)、日本川铁(JFE)和住友商事的协议),可能并不意味着故事的结束。
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