I think Chinese steelmakers are very passive! you know, China is the No. 1 steel-making country, it should hold up the initiative of the negotiation.

but I don't know how serious will be to Chinese steel industry if 33% iron ore discount is to be accepted? Who could tell me the differences between 33% and 40% discount? If I know the truth, I will make a decision to support which side, Rio or Chinese steelmakers, haha...