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I think most of them did not expect iron ore prices are now plunging again , in May after a watershed , distributors experiencing冰火两重天taste .
Who to play down iron ore prices , the world's largest countries using the ore in China .Ago , as foreign to grasp this central steel production more detailed data, including costs, profitability , the maximum affordable price , so foreign to hard feed iron ore price , if the steel mills to raise prices to improve profitability is only bound to Domestic transfer costs, and inflation in China is such a band returning .
This money had been taken away abroad , most owned by a foreign profits .
Every time before the manufacturers of iron ore negotiations, Baosteel , China's largest steel plant , in the most critical time , greatly enhance the look every bit ex-factory prices of products , raise prices just to provide a pretext for foreign firms , should not have been up So many , I do not know what to eat Baosteel .
He sold his company to do so clearly the interest is even more betrayed the interests of the entire steel industry , sold out China's core interests. As a big state-owned steel company , has sold the interests of those countries . Baosteel 's leaders have been bought abroad , a traitor , is a traitor .
Even in the first half of 2010 , China and the steel mills or the retreat of negotiations , this time the Chinese government has made to eliminate backward production capacity, and greatly reduce the overcapacity in industry, the steel is top priority . The following is a direct cancellation of export tax rebates on steel industry , where exports are blocked, further squeezing the survival of the steel industry , a large steel company failures are possible , the Chinese demand will sharply .
The head of the Baoshan Iron and Steel in iron ore negotiations, for the first time there is no price increase , but a price cut , it is arrogant to combat iron ore manufacturers face .
As the world economy may appear for a second bottom , and the Chinese steel industry Di Zheng He ,以及reduction in exports on a possible further decline in iron ore demand , Tiekuang Shi Chang Shang Jin Yibu the price cuts will likely Caiqu Cuoshi .
China waved away down iron ore prices , China, the world 's largest iron ore consumer manufacturers must have the right to participate in iron ore pricing , we must protect their own interests.
Hope that the next step , China and Brazil, the Australian Government to negotiate the use of direct trade currency both sides to put aside dollars, the U.S. dollar fluctuations on both sides to reduce injury .
According to Lange Steel Statistics , February 16 this year, iron ore powder from Brazil, and shipped to Qingdao, CIF price is 830 yuan / ton ; May 11 the price climbed to 1,460 yuan / ton , a jump of 75% . Today, the price has come down to a thousand dollars . Especially from late June has been nearly two weeks, actually dropped by 200 yuan / ton.
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