China's state buyer CMRG has instructed select steel mills to pause negotiations with Rio Tinto for September shipments, escalating pressure during annual supply talks. This move aims to boost CMRG's
reuters · 2026-08-05 23:55
China's state-backed buyer CMRG is pressuring Fortescue Ltd. by restricting cargoes and delaying purchases amid stalled negotiations over supply terms and discounts, potentially impacting global iron
bloomberg · 2026-07-15 16:00
Iron ore futures climbed past $100 per ton after China’s CMRG threatened to blacklist Fortescue inventories, escalating a supply contract dispute. While analysts note abundant stockpiles limit the imp
bloomberg · 2026-07-01 19:59
China's state buyer CMRG ordered domestic steel mills to halt deliveries of specific Fortescue iron ore products amid ongoing supply negotiations. This move escalates Beijing's campaign to centralize
reuters · 2026-07-01 18:11