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Japan and other major iron ore buyers risk becoming price takers as China’s state-backed purchasing company seeks greater influence over how the steelmaking ingredient is priced, according to consultant Wood Mackenzie Ltd.
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independent outlets · 100% owner-diverse
The headline and summary attribute the outlook to a specific consultancy, Woodmac, using measured language regarding the potential for future market shifts. The claim is presented as a prospective analysis rather than a current event.
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