There have been cheerier get-togethers than Tuesday's 11th annual meeting of the steel trade associations of Korea and Japan, held in Tokyo. Delegates were voting no to everything: no to raw material price increases, no to quarterly pricing of iron ore (rather than annual), and no to the proposed production joint venture between Rio Tinto and BHP Billiton.
周二在东京举行的韩日钢铁协会第11轮年度会议，肯定算不上最喜庆的聚会。代表们对所有问题都投了否决票：否决原材料价格上涨、否决铁矿石季度（而非年度）定价，以及否决力拓(Rio Tinto)和必和必拓(BHP Billiton)拟议成立的合资生产企业。
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