China won't reach iron ore deal by deadline -Hebei Steel

SHANGHAI, June 30 | Tue Jun 30, 2009 3:32am EDT

SHANGHAI, June 30 (Reuters) - Iron ore price talks between Chinese steel mills and global miners will drag on past Tuesday's deadline, said Tian Zhiping, the vice-general manager of Hebei Iron and Steel Group, China's second-largest steel maker.

"I hope China steel mills and iron ore miners can quickly reach an iron ore price agreement," Tian told Reuters by telephone. "It will not be today." (Reporting by Alfred Cang and Tom Miles; Editing by Edmund Klamann)

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