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European Steel Makers Oppose BHP-Rio Merger

By Amanda Ernst (May 30, 2008, 12:00 AM EDT) -- As BHP Billiton Ltd. notified the European Commission Friday of its plans to acquire Rio Tinto Plc, Europe's iron and steel industry group, Eurofer, urged the EC to reject BHP's plans, claiming the move could lead to decreased competition in the iron ore sector of the mining industry....

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