negotiations thus trapped in a According to the Shanghai Jia Liang, senior expert on Iron and Steel Group said that from the negotiations process, the first Chinese smudge iron ore import prices has long-term agreement with Australia there is a more actual ore import price Brazil to China and Australia to China boating freight between the These two ingredients from the point of view, in consensus with CIF terms, the Australian mining to transform the Australian mining can no be reconciled, so the negotiations laborious than ever.
finally heard the negotiations to reach agreement, the said, 65% of the annual price,
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Baosteel Group, said the achievement of this result reflects the two sides Rio Tinto and Chinese steel companies have numerous years of history of cooperation, either sides admit that between the upstream and downstream manufacture, the long-term reliability and prevalent development of both parties benefit.
According to market analysts, the Baosteel and Australian mining companies reached between the annual price acquisitions in the market, the formerly estimated scope, did not encounter afterward Even more gratifying is that the traditional pricing mechanism of the Moreover, the negotiations for the agreement reached,
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According to mall analysts,
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Baosteel and Rio Tinto, according to the price approached an agreement that culminated in the 2008 iron ore prices.
According to insiders of Baosteel Group,
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multinational iron mineral costs rose sharply because 6 years, which is the root reason of supply and demand melodrama a decisive role. According to related statistics,
girls nike shox, from 2003 apt 2007, universal crude iron output increased from 970 million tons to 13.4 million tons; 1 of creation from 220 million tons to 4.9 million tons. Accordingly, the annual global iron ore seaborne trade increased from 520 million tons to 7.7 million tons, preserving an average annual increase of extra than 10%; China within 5 annuals to a aggregate of 1.34 billion tons of iron ore imports, accounting for the total global sea
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salvatore ferragamo sunglasses 上访农民在拘留所死亡 县委宣传部称其上吊自杀, along to Baosteel Group, the pertinent agreements provided to the Xinhua News Agency: Baosteel and the world's important iron ore makers Rio Tinto, one of Australia's annual iron ore benchmark prices ashore the 2008 concert. As a result, the PB powder ore, Rio Tinto and Yang Di abrasive ore, PB lump ore prices in 2007 rose 79.88%, respectively, aboard the foundation, 79.88% and 96.5%.
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According to the relevant information is displayed, the Chinese steel mills and Rio Tinto in 6 whether they can not reach a price agreement before the end of the related wastage of iron ore supply contract ambition be binding. As the two sides talk Market rumors,
Baosteel also said that Chinese steel companies to beyond amplify investment in supportive Billiton, to increase production to meet market demand.
new PB 2008 Rio Tinto iron ore fines and Yang Di powder ore, PB lump ore benchmark prices were $ 1.4466 / dry tonne degrees, $ 1.4466 / $ 2.0169 and the degree of dry tonnes / dry tonne degrees.
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