Hong Kong, May 18, 2015 -- Moody's Investors Service says that the joint decision of Baosteel Group Corporation (Baosteel) and Aurizon Holdings Limited (Baa1 stable) to delay the development of the West Pilbara Iron Ore project has no immediate impact on Baosteel's A3 issuer rating or Baosteel Resources International Company Ltd.'s (BRIC) Baa1 issuer rating and their stable rating outlook.

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