Nippon Steel Chairman Says Biggest Challenge Is Iron Ore Supply
July 10, 2011 at 23:46 PM EDT
PERTH -(Dow Jones)- The concentration of iron ore supply among a handful of miners is the biggest issue that Nippon Steel Corp. (5401.TO) faces, though the company is also concerned by governments levying resource taxes to cash in on booming North Asian commodities demand, Chairman Akio Mimura said Monday.