Kangwei Die Casting Moulds Co., Ltd. , http://www.ytdiecastings.com
After the iron ore price in the European market was basically established, the current attitude of China Steel Association to the negotiations is based on the statement issued on May 31, that is, Chinese steel companies cannot accept the starting price of Japanese companies and will not follow up. The Chinese side will continue to negotiate related issues. Once there are results, it will be announced to the outside world for the first time.
Analysts pointed out that as the Chinese steel market is improving, the spot price of iron ore has been rising all the way. The negotiation of the global iron ore price negotiation has become increasingly difficult. Recently, as the parties continued to rumors that the news that “Chinese iron ore importers began to reduce their purchases of iron ore from Rio Tinto†had just passed, they came again. “The world's major mining companies and steel companies are trying to negotiate with each other for a long time. The price changed to a quarterly pricing." In fact, behind all kinds of rumors, it is precisely what the Chinese side is trying to find a way to reduce the price of iron ore.
Before this long-running and “timed out†global iron ore negotiation final result was announced, everything was still speculation. However, the latest statement by the relevant Chinese government yesterday seems to have given people some reasonable room for imagination.
At the press conference of the Ministry of Industry and Information Technology held on July 22, Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology, spokesman of the press, and director of the Operation Monitoring and Coordination Bureau, also made it clear that iron ore negotiations are still in progress. At the same time, Zhu Hong stated in particular that he hopes that the supply and production companies of iron ore can reach a fairly fair and reasonable price agreement that enables both parties to maintain normal profitability through communication, coordination, and negotiation as soon as possible.
International Iron Ore Negotiations Remain Only Our Country Has Not Concluded Final Agreement
After Brazil and other countries successively signed concessions on iron ore prices, among the buyers’ representatives currently negotiating global iron ore prices, only one of our country’s buyers has yet to reach a final agreement.