Steel Association's mid-year report pointed out, there is a long-term contract due to the existence of a long association mining, ore spot two prices of imported iron ore, in the maritime, two sea freight spot contract, plus the number of China's imports of iron ore, incremental demand and metal roof sheets manufacturer the 2008 iron ore price negotiations faced many adverse conditions and difficulties.
Shan Shanghua, Secretary-General of the China Steel Association, said: "excessive growth of imported iron ore and custom made metal sheets prices and sea freight, a serious threat to the smooth development of China's iron and steel industry steel raw material and fuel prices this year, major steel prices digest, how to do in the future ? we must study the long-term strategy. moment, control the excessive growth of total iron and steel, the total control of imported ore is the best way, which requires us an effective approach, doing everything possible to import iron ore pressure down.
