CVRD metal ore out of the discussions
Bargaining power will be given over to Rio Tinto and BHP Billiton
April 28, Vale do Rio Doce (VALE) manager head of China Zhu to this reporter's interview, said: "We have extracted from this year's steel ore dialogues, will make source to other mines and hard metal mills in China to converse the price."
I am vice head of the hard metal mesh, said: "In 2008, CVRD and Chinese hard metal costs the least charge accord, they study the classes of last year, will be bargaining to the Rio Tinto and BHP Billiton to view frontwards to converse higher the price. "
At present, due to the Association in 2008 and long has been the high cost of almost 50% of the worth there, the Chinese iron alloy mills have said that the Society no longer acknowledges a long value. However, Zhu said: "Our long-Association agreement rate, have not been affected."
Not long before, the Chinese Iron and Steel Industry Association (referred to as "China Steel Association"), the Secretary-General, notified this reporter lone Shanghua that CVRD is the cornerstone of an interim charge design in 2008 to less than 20% of the agreement cost to the Chinese iron alloy charges the sale of metal ore vegetation, the distinction will be the agreement cost acquiesced in 2009 after the supplement.
Zhu said: "So far, we have long supplied the Association is mine, the cost as asserted by the Association in 2008 at the implementation of the long, not in the location market for low-cost sales."
28 held in the China Steel Association in 2009 the second conference on the information industry, China Steel, executive vice president of the Association for Luo Bingsheng to refute the above statement, CVRD ore sales hit discount for each purchase, not a temporary price, is a long ADPL price. "(River Valley) that is not friendly, why not beat them tickets."
T ian zhi ping deputy general director of Hebei Iron & Steel Group, advised this reporter that "we do not have to pay for mine in the site market, the Association paid for mine are long, costs had plunged in 2008 than 20%." Jia liang qun in addition said: "As far as I acquaintance with hard metal, and no one is keen to re-price manager chief director of the Association, the charge is too high out of the way, and in certainty in the conflict CVRD ore sales discount for each purchase! "
Prices still notorious, but "iron ore dialogue mechanism" change is inevitable.
Zhu said: "As the charge indicator for arising markets, for instance the justifications for the expansion of the site market, the new cost has occurred." Zhu strained that the option of CVRD yardstick charge system.
In that case, the price mechanism in the negotiations, the Chinese steel enterprises the choice of what?
Prior to that, Dragons Group made a "quarter of pricing" of the compromise model, to replace the previous "long-Society" and "spot" price of two. However, Luo Bingsheng said that the Chinese side never raised any quarter pricing model, pricing is still adhering to the principle of the year.
Luo Bingsheng survivors strained that "China has no strategies to cease the right to converse the charge first," "Japan, Europe and the United States and other nations to ascertain the rate of descent, if not in conformity with the prerequisites of the Chinese boundary, China will adhere to its beliefs carry on to negotiate," he restated that China's charge foundation line is the "best 40 out of 100 down to 50%."
However, Zhu said: "40% of the descent is only a guess of the Chinese boundary, every one can make a guess, but in the end be reliant on the market speak."
The future of China's metal ore market demand, Zhu stayed "very optimistic" mind-set, "the Chinese market has shown clear indications of recovery. I accept as factual that the allowance of 4,5 months of trades to rise."
China's iron ore imports are indeed rising. China Steel Association statistics show that the first quarter of 2009, China imported iron ore 131.5253 million tons, an increase over the same period last year 20,861,100 tons, an increase of 18.85%; which, in March iron ore imports 52,080,200 tons, a record single-month record high imports than the increase in imports in March last year 16,398,000 tons, an increase of 45.96%.
Luo Bingsheng believe, "hopes to boost metal ore trades in China's outlook, it is unrealistic to achieve." He farther clarified that the first quarter of the metal ore trades far exceeded the demand for metal and iron alloy output, at present, the dock has built up almost 70 million tons of metal ore, iron alloy mills in China have been considerably reduced. Tian zhi ping furthermore disclosed that Hebei Iron and Steel has been re-cut by 10%. - 21393
April 28, Vale do Rio Doce (VALE) manager head of China Zhu to this reporter's interview, said: "We have extracted from this year's steel ore dialogues, will make source to other mines and hard metal mills in China to converse the price."
I am vice head of the hard metal mesh, said: "In 2008, CVRD and Chinese hard metal costs the least charge accord, they study the classes of last year, will be bargaining to the Rio Tinto and BHP Billiton to view frontwards to converse higher the price. "
At present, due to the Association in 2008 and long has been the high cost of almost 50% of the worth there, the Chinese iron alloy mills have said that the Society no longer acknowledges a long value. However, Zhu said: "Our long-Association agreement rate, have not been affected."
Not long before, the Chinese Iron and Steel Industry Association (referred to as "China Steel Association"), the Secretary-General, notified this reporter lone Shanghua that CVRD is the cornerstone of an interim charge design in 2008 to less than 20% of the agreement cost to the Chinese iron alloy charges the sale of metal ore vegetation, the distinction will be the agreement cost acquiesced in 2009 after the supplement.
Zhu said: "So far, we have long supplied the Association is mine, the cost as asserted by the Association in 2008 at the implementation of the long, not in the location market for low-cost sales."
28 held in the China Steel Association in 2009 the second conference on the information industry, China Steel, executive vice president of the Association for Luo Bingsheng to refute the above statement, CVRD ore sales hit discount for each purchase, not a temporary price, is a long ADPL price. "(River Valley) that is not friendly, why not beat them tickets."
T ian zhi ping deputy general director of Hebei Iron & Steel Group, advised this reporter that "we do not have to pay for mine in the site market, the Association paid for mine are long, costs had plunged in 2008 than 20%." Jia liang qun in addition said: "As far as I acquaintance with hard metal, and no one is keen to re-price manager chief director of the Association, the charge is too high out of the way, and in certainty in the conflict CVRD ore sales discount for each purchase! "
Prices still notorious, but "iron ore dialogue mechanism" change is inevitable.
Zhu said: "As the charge indicator for arising markets, for instance the justifications for the expansion of the site market, the new cost has occurred." Zhu strained that the option of CVRD yardstick charge system.
In that case, the price mechanism in the negotiations, the Chinese steel enterprises the choice of what?
Prior to that, Dragons Group made a "quarter of pricing" of the compromise model, to replace the previous "long-Society" and "spot" price of two. However, Luo Bingsheng said that the Chinese side never raised any quarter pricing model, pricing is still adhering to the principle of the year.
Luo Bingsheng survivors strained that "China has no strategies to cease the right to converse the charge first," "Japan, Europe and the United States and other nations to ascertain the rate of descent, if not in conformity with the prerequisites of the Chinese boundary, China will adhere to its beliefs carry on to negotiate," he restated that China's charge foundation line is the "best 40 out of 100 down to 50%."
However, Zhu said: "40% of the descent is only a guess of the Chinese boundary, every one can make a guess, but in the end be reliant on the market speak."
The future of China's metal ore market demand, Zhu stayed "very optimistic" mind-set, "the Chinese market has shown clear indications of recovery. I accept as factual that the allowance of 4,5 months of trades to rise."
China's iron ore imports are indeed rising. China Steel Association statistics show that the first quarter of 2009, China imported iron ore 131.5253 million tons, an increase over the same period last year 20,861,100 tons, an increase of 18.85%; which, in March iron ore imports 52,080,200 tons, a record single-month record high imports than the increase in imports in March last year 16,398,000 tons, an increase of 45.96%.
Luo Bingsheng believe, "hopes to boost metal ore trades in China's outlook, it is unrealistic to achieve." He farther clarified that the first quarter of the metal ore trades far exceeded the demand for metal and iron alloy output, at present, the dock has built up almost 70 million tons of metal ore, iron alloy mills in China have been considerably reduced. Tian zhi ping furthermore disclosed that Hebei Iron and Steel has been re-cut by 10%. - 21393
posted by X - Men @ 6:42 AM
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