BRUSSELS ( TheStreet) -- Steelmakers in Europe have registered their opinion on the recent revolution in the iron-ore trade: it stinks.Eurofer, the Brussels-based steel-industry trade group, asked the European Union Wednesday to look into "possible" anti-competitive behavior among the three biggest iron-ore miners in the world: Vale ( VALE), BHP Billiton ( BHP) and Rio Tinto ( RTP). The protest comes a day after BHP Billiton and Vale announced the effective disamantling of the traditional benchmark pricing system that had structured the iron-ore market, and provided steelmakers with cost stability, for the last 40 years. The miners also won what appears to be a 90% to 100% price increase over the benchmark price of 2009. In a statement, Eurofer said that its members have seen "strong indications of illicit coordination of prices increases
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