日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

China leads iron ore price talks

By Jiang Wei (China Daily)
Updated: 2007-01-11 09:49

Suppliers' strong influence

This year's 9.5 percent price increase is expected to be absorbed through freight.
But experts warned the "leading position" in the 2007 negotiations does not mean everything.

Another price increase after rises over four consecutive years implied that suppliers still enjoy a stronger influence on the global market than buyers, said Xu Xiangchun, an analyst with Beijing Langesteel Information Consultation.

The three largest suppliers, CVRD from Brazil and Australia's BHP Billiton and Rio Tinto, control over 70 percent of the global iron ore trade.

When sellers talked about increasing capacity, the Australian firms had no plan to expand capacity in the near future.

Meanwhile, China's imports are expected to grow 9.2 percent this year. The Chinese steel-making industry is taking steps to reduce its dependence on these major miners.

Steelmakers and trading companies have had to apply for iron ore import licenses since 2005 to cut China's iron ore importers from 523 in 2004 to 118. The number is expected to decrease further this year as the import rules are tightened.

Official figures show large domestic mines produced 521 million tons of iron ore in the first 11 months of 2006, up 38.2 percent year-on-year, easing the tight market situation.

A number of steelmakers moved their factories to port cities last year to lower transport costs.

Shanghai Baosteel has built a new steel factory in the southern city of Zhanjiang. Wuhan Iron and Steel Corp has built a modern iron and steel works in Fangchenggang, also in South China.

Angang Steel Co has new plants in Yingkou in Northeast China. And another steel giant, Shougang Group based in Beijing, will complete its massive relocation to Tangshan, Hebei Province, by the end of 2010.


 12

(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 一级片一级片一级片 | 欧美视频 | 不戴套各种姿势啪啪高素质 | 久久久精品视频在线 | 日本欧美在线观看 | 天天干天天操天天射 | 新97超碰 | 国产精品看片 | 在线观看的黄网 | 欧美a级成人淫片免费看 | 欧美日在线| 亚洲男人皇宫 | 人人澡人人澡人人澡 | 日韩女同一区二区三区 | 伊人网在线播放 | 麻豆视频免费在线播放 | 色多多av | 日韩在线观看免 | 亚洲动态图| 综合久久综合久久 | 香蕉视频网站在线 | 欧美一级视频免费观看 | 国产在线久 | 日本高清黄色 | 欧美一级做性受免费大片免费 | 51精品视频 | 亚色综合 | 一区二区国产精品视频 | 日韩精品久久久久久久的张开腿让 | av热热 | 日韩精品免费一区二区在线观看 | 欧洲精品视频在线观看 | 欧美三级在线播放 | 成年人免费网站视频 | 国产精品一区二区免费视频 | 成人av动漫在线观看 | 午夜合集 | 久久精品香蕉 | 精品视频久久久久 | 久久国产在线视频 | 久久综合影视 |