BHP Billiton Settles 2004 Iron Ore Prices with Baosteel

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21 Jan 2004

7 minute read

BHP Billiton today advised it had reached agreement with China’s largest steelmaker Baosteel on the price of its Lump and Fine ores for the year commencing 1 April 2004.

The agreed prices are as follows:

  • Mt Newman High Grade Lump 45.93 US cents per dry metric tonne unit; an increase of 18.62 per cent.
  • Mt Newman High Grade Fines 35.99 US cents per dry metric tonne unit; an increase of 18.62 per cent.

The price for BHP Billiton’s Yandi products also increased by 18.62 per cent.

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