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2010 Iron ore talks Will soon be opened at the end. Prior to that, the world's three major Iron ore For supplier had sent out the signal that price increases 30% to 35%, while Rio Tinto, and a few days ago BHP Billiton, also known as the two sides have set up a production joint venture on matters relating to the signing of a binding agreement, that "two continuation" future plans with "singing the same tune", this lets the domestic steel industry, iron ore negotiations, this round of pessimism. "For the steel enterprises is a very bad thing, but the Chinese side is difficult to oppose the measures taken." Yesterday, Economic Development Research Center of Metallurgical Industry, deputy director of Liu Haimin the "Securities Daily" reporters sermon. The other hand, with the mining giants, "Hand in Hand", is also worried about the industry, some foreign small and medium mining will ride to the Chinese steel enterprises raised the price. Rio merger of two Chinese difficult to take the cover of darkness against the measures "Two extension" deal between early June this year, had opened. According to the original plan, the two sides signed an agreement in January next year, but due to good progress, both sides finally completed ahead of schedule on December 5 agreement. Rio Tinto announced by the latest news said that they intend to set up a production joint venture, jointly owned Western Australia now and the future of all iron ore assets and liabilities, on the neighboring unified management of mineral resources; of management, integration of procurement and daily expenses, and predicted that the transaction will be the formal completion of the second half of 2010. Europe and other countries in order to pass antitrust review, BHP Billiton say they are not on the joint venture will carry out any joint marketing activities. This is both in June 2009 signed an agreement in principle non-binding core of the only substantive changes made. , However, appears in the steel industry, the "two extension" This is nothing but the cover of darkness. If the two Cooperation Its iron ore output of CVRD would rank first in the world beyond, "as the largest manufacturer and they are fully capable of iron ore through the controlling output to arbitrary price increases." For the Chinese steel industry, this obviously is bad news. "Steel is mainly determined by supply and demand, the domestic steel industry overcapacity serious, cost may not be driven by rising steel prices, it costs a lot of pressure for enterprises." Maanshan Iron & Steel shares, a person reporter sighs. However, despite the oppositions everywhere, but can block the "two extension" allies, many of the industry are not optimistic. "China is no way to stop this thing." Yesterday, Economic Development Research Center of Metallurgical Industry, deputy director of Liu Haimin Road, "China's" anti-monopoly law, "they are invalid. Can only express an attitude of opposition, but can not stop the Chinese companies to buy their things. Daoshi '2 Rio 'because in New York and London, so it is U.S. and British supervision in the capital markets can play a certain effect. " "" Two extension "since the agreement can be made naturally with a degree of certainty. Australia's ratification of the possibility of significant, because the larger national interest, but he would not have these minerals." Liuhai Min of Road, The United States, ore can basically self-sufficient, so it will not say shots against, "should be the voice of the European Union would be more opposed to it." Overseas small and medium mining enterprises or ride raised the price 2009 iron ore negotiations, to the China Steel Association as the representative of the Chinese steel industry facing hard-line stance the three iron ore giants difficult, or out of the final breakthrough to FMG represented in the overseas small and medium iron ore production traders. However, the industry also worried that if the "two extension" work together to come true, foreign small and medium sized mining enterprises will ride raised the price. The e-commerce company in China offers quality products such as China amd notebook laptop , China amd notebook computer, and more. For more , please visit touch screen desktops today!
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