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China's Iron Ore Spat

Tuesday, 25 Mar 2008 | 7:33 PM ET

China and iron ore producers, in particular Rio Tinto, aren't likely to reach agreement over prices any time soon, says Gavin Wendt, senior resources analyst at Fat Prophets. He discusses the issue with Steen Jakobsen from Saxo Bank, CNBC's Martin Soong & Sri Jegarajah.