This used to be Game Over: one of the big three miners would announce the price at which it would sell iron ore to a big steelmaker for the coming year. The rest of the industry would then shrug and fall in behind them. But Rio Tinto's settlement on Tuesday with Nippon Steel, swiftly followed by deals with Kobe Steel, JFE and Sumitomo, may not be the end of this story.
這通常是遊戲結束的時刻：三大鐵礦石巨擘之一會宣佈來年向一家大型鋼鐵生產商出售鐵礦石的價格。行業中的其他參與者會聳聳肩，然後遵循這一價格。但此次力拓(Rio Tinto)週二與新日鐵(Nippon Steel)達成的價格協議（緊隨其後的是與神戶制鋼(Kobe Steel)、日本川鐵(JFE)和住友商事的協議），可能並不意味著故事的結束。
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