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BHP CEO says sees some risk to downside for iron ore prices

SYDNEY (Reuters) - BHP Billiton (BHP.AX) (BLT.L) said it sees a little downside risk for iron ore prices as Chinese demand moderates.

The market was likely to come under pressure in the short term from moderating Chinese steel demand growth, BHP Chief Executive Andrew Mackenzie told reporters after reporting a sharp rise in first-half profits on the back of stronger mineral commodities prices.

(Reporting by James Regan; Editing by Richard Pullin)