Investors reported that (Reporter hook Xinyu) in China iron ore rose 96 percent, the Australian iron ore suppliers, Rio Tinto and BHP, and BHP Billiton today announced that the European iron ore rose 71 percent, significantly lower than the Asian market not only to make China a big buyer of thoroughly discredited, and the sharp drop in the cost advantage of China\\ s steel industry.
The face of strong iron ore suppliers, insatiable, huge and weak Chinese worm reducer  industry is not only the submissive one law, the Chinese steel industry also has its own trump card, that is all steel mills need an alternative raw materials: coke, the current Chinese are in the pipeline to improve the coke export tariff.
Coke shot to combat the ore
\"This is a slap in the face of Asia.\" Li Chong, vice president of China Iron and Steel Planning \"Investor News\" reporter said on July 16, which is the failure of most of our iron ore negotiations, can only say that \"helpless and sad.\"
All the world\\ s steel mills must use two kinds of raw materials, iron ore and coke, iron ore top three suppliers accounted for about 70 percent of global iron ore trade between China alone accounted for in the field of coke, more than half of of coke global production and trade, is an absolute boss strangling the throat of the global steel industry.
Projections of the newly created according to Li, China annually coke export 15 million tons, if you limit the export of global steel production will decline substantially, and thus less consumption of about 50 million tons of iron ore to China\\ s iron ore negotiations leave enough space and chips \". About 50 million tons accounting for China\\ s iron ore imports sixth Over the years, China\\ s iron ore negotiations, the use of coke checks and balances has been lacking as.
Li Chong the more radical proposal is to prohibit the export of all coke, \"Do as before, the EU complain, China lifted its export.
Coke export has become almost a shame that China\\ s rapid economic growth. In recent years, Western developed countries for their own environmental protection, a substantial reduction of coke production, China has long-term low-cost output of coke, the export volume from 1.08 million tons in 1991 soared to 14.5 million tons in 2006, an increase of nearly 14 times.
China is also trying to limit the coke export quotas way to reduce pollution, but it has brought astonishing corruption in the quota allocation. In June 2006, the outbreak of Shanxi coke quota Woan, many Shanxi Commerce Department officials sacked.
\"China is now also need it to export coke, leaving a shortfall of foreign exchange?\" Li Chong said. China import and export of commodities, but lack the experience and skills. Chinese imports of oil, iron ore and copper and other metals, the price of mid-rise, and export of strategic resources such as coke and rare earths, talks about selling more cheaper.
Iron ore prices, China\\ s coke is shot. According to the \"investors\" to understand the recent relevant departments may rise again to more than 5 percent export tariff of coke, coke export tariff of 30% high on coke export significantly inhibited.
In addition, the Commerce Department before the second batch of coke export quotas with the first ring substantially reduced by 75% of the total export was only 2.39 million tons, the total last year. Coke for the iron ore is also a new idea, recently, Vietnamese media reported that the Vietnam Steel Corporation iron ore for-coke scheme, the Government agreed. To please Europe is intended to merge
The same to all users, and large customers, why the price rather than the European higher, a lot of people in the industry is difficult to understand this. Beijing University of Science and Technology steel expert Professor Xu Zhongbo tell \"Investor News\" reporter: \"low-priced to sell in Europe of a larger purpose is public relations.\"
According to him, BHP Billiton, Rio Tinto to please Europe because the EU has not approved the merger of BHP Billiton and Rio Tinto, the United States and Canada has its own iron ore, have agreed to the merger of the two extension, the most critical is the European Union.
\"China is now the power of veto not necessarily, because there are a number of countries and regions do not recognize China\\ s market economy status, China veto power in international law, or a blank.\" He said.
As two of the world\\ s three major iron ore suppliers, Rio and BHP merger is a nightmare for the Chinese steel industry and even the world\\ s steel industry, once the merger is successful, the mining giant across five continents will sweep the market, no people with its bargaining power.
After the end of last year, came two Billiton merger news, the China Iron and Steel Industry Association, called for \"I believe that the relevant laws of all countries should be limited. At the same time, the International Iron and Steel Association said it will oppose a merger between BHP Billiton and Rio Tinto, and suggested that the competition agencies in the European Union, the United States, China, Australia and Japan should the merger investigation. The EU is one of the most important consideration, after an investigation team of the European Commission on the merger of Rio Tinto and BHP Billiton to investigate, saying the power to veto the merger.
China\\ s steel industry is becoming a \"player\", the EU\\ s powerful veto to the European steel mills to obtain low-cost iron ore to offset its high cost of labor, the Japanese companies was the first to accept price increases, on the one hand from mine own return the shares of energy-saving technologies, on the other hand can be used to resolve high-ore price to combat this opponent. \"We are at a disadvantage, there is no advantage.\" Li Chong said.
Internal problems plagued booming difficult
The low level of our negotiations, the work is not solid, as well as their own interests, can not unite external and can only say that incompetent. \"Li Chong commented in the iron ore negotiations.
Large enterprises have long-term agreements ore imports warrants annual reselling amount to billions of dollars, and forcefully pushed spot market prices, thereby stimulating the prices of long-term agreement. According to the \"investors\" to understand the unspoken rules of which a lot of imports warrants to lend some manufacturers, user fees as high as 5% of the volume of trade.
Iron ore negotiation Every Tan will rise from the year 2004, domestic steel companies the opportunity to increase steel prices, higher water up the ship. The good times will continue, steel mills and mines are crazy prices in the future for all these years to pay the bill. The domestic steel prices have decreased continuously for several days, a great atmosphere of the Wind trend, China\\ s fixed asset investment growth in the first half fell to 26%, while investment in fixed assets consumed nearly half of China\\ s steel production.
July 15 southwest of seven steel mills and even held a meeting to stabilize the steel market in Chengdu. The previous week, Southwest regional construction steel prices continue sharp decline, steel unprecedented loss of pressure.
\"The first half of cold-rolled or twenty or thirty of the decline has begun to the decline of hundreds.\" A steel distributor in the steel forum such a message the entire forum on topics of greatest concern is how to dumped goods gallop.

    Investors reported that (Reporter hook Xinyu) in China iron ore rose 96 percent, the Australian iron ore suppliers, Rio Tinto and BHP, and BHP Billiton today announced that the European iron ore rose 71 percent, significantly lower than the Asian market not only to make China a big buyer of thoroughly discredited, and the sharp drop in the cost advantage of China\\ s steel industry.
The face of strong iron ore suppliers, insatiable, huge and weak Chinese worm reducer  industry is not only the submissive one law, the Chinese steel industry also has its own trump card, that is all steel mills need an alternative raw materials: coke, the current Chinese are in the pipeline to improve the coke export tariff.
Coke shot to combat the ore
\"This is a slap in the face of Asia.\" Li Chong, vice president of China Iron and Steel Planning \"Investor News\" reporter said on July 16, which is the failure of most of our iron ore negotiations, can only say that \"helpless and sad.\"
All the world\\ s steel mills must use two kinds of raw materials, iron ore and coke, iron ore top three suppliers accounted for about 70 percent of global iron ore trade between China alone accounted for in the field of coke, more than half of of coke global production and trade, is an absolute boss strangling the throat of the global steel industry.
Projections of the newly created according to Li, China annually coke export 15 million tons, if you limit the export of global steel production will decline substantially, and thus less consumption of about 50 million tons of iron ore to China\\ s iron ore negotiations leave enough space and chips \". About 50 million tons accounting for China\\ s iron ore imports sixth Over the years, China\\ s iron ore negotiations, the use of coke checks and balances has been lacking as.
Li Chong the more radical proposal is to prohibit the export of all coke, \"Do as before, the EU complain, China lifted its export.
Coke export has become almost a shame that China\\ s rapid economic growth. In recent years, Western developed countries for their own environmental protection, a substantial reduction of coke production, China has long-term low-cost output of coke, the export volume from 1.08 million tons in 1991 soared to 14.5 million tons in 2006, an increase of nearly 14 times.
China is also trying to limit the coke export quotas way to reduce pollution, but it has brought astonishing corruption in the quota allocation. In June 2006, the outbreak of Shanxi coke quota Woan, many Shanxi Commerce Department officials sacked.
\"China is now also need it to export coke, leaving a shortfall of foreign exchange?\" Li Chong said. China import and export of commodities, but lack the experience and skills. Chinese imports of oil, iron ore and copper and other metals, the price of mid-rise, and export of strategic resources such as coke and rare earths, talks about selling more cheaper.
Iron ore prices, China\\ s coke is shot. According to the \"investors\" to understand the recent relevant departments may rise again to more than 5 percent export tariff of coke, coke export tariff of 30% high on coke export significantly inhibited.
In addition, the Commerce Department before the second batch of coke export quotas with the first ring substantially reduced by 75% of the total export was only 2.39 million tons, the total last year. Coke for the iron ore is also a new idea, recently, Vietnamese media reported that the Vietnam Steel Corporation iron ore for-coke scheme, the Government agreed. To please Europe is intended to merge
The same to all users, and large customers, why the price rather than the European higher, a lot of people in the industry is difficult to understand this. Beijing University of Science and Technology steel expert Professor Xu Zhongbo tell \"Investor News\" reporter: \"low-priced to sell in Europe of a larger purpose is public relations.\"
According to him, BHP Billiton, Rio Tinto to please Europe because the EU has not approved the merger of BHP Billiton and Rio Tinto, the United States and Canada has its own iron ore, have agreed to the merger of the two extension, the most critical is the European Union.
\"China is now the power of veto not necessarily, because there are a number of countries and regions do not recognize China\\ s market economy status, China veto power in international law, or a blank.\" He said.
As two of the world\\ s three major iron ore suppliers, Rio and BHP merger is a nightmare for the Chinese steel industry and even the world\\ s steel industry, once the merger is successful, the mining giant across five continents will sweep the market, no people with its bargaining power.
After the end of last year, came two Billiton merger news, the China Iron and Steel Industry Association, called for \"I believe that the relevant laws of all countries should be limited. At the same time, the International Iron and Steel Association said it will oppose a merger between BHP Billiton and Rio Tinto, and suggested that the competition agencies in the European Union, the United States, China, Australia and Japan should the merger investigation. The EU is one of the most important consideration, after an investigation team of the European Commission on the merger of Rio Tinto and BHP Billiton to investigate, saying the power to veto the merger.
China\\ s steel industry is becoming a \"player\", the EU\\ s powerful veto to the European steel mills to obtain low-cost iron ore to offset its high cost of labor, the Japanese companies was the first to accept price increases, on the one hand from mine own return the shares of energy-saving technologies, on the other hand can be used to resolve high-ore price to combat this opponent. \"We are at a disadvantage, there is no advantage.\" Li Chong said.
Internal problems plagued booming difficult
The low level of our negotiations, the work is not solid, as well as their own interests, can not unite external and can only say that incompetent. \"Li Chong commented in the iron ore negotiations.
Large enterprises have long-term agreements ore imports warrants annual reselling amount to billions of dollars, and forcefully pushed spot market prices, thereby stimulating the prices of long-term agreement. According to the \"investors\" to understand the unspoken rules of which a lot of imports warrants to lend some manufacturers, user fees as high as 5% of the volume of trade.
Iron ore negotiation Every Tan will rise from the year 2004, domestic steel companies the opportunity to increase steel prices, higher water up the ship. The good times will continue, steel mills and mines are crazy prices in the future for all these years to pay the bill. The domestic steel prices have decreased continuously for several days, a great atmosphere of the Wind trend, China\\ s fixed asset investment growth in the first half fell to 26%, while investment in fixed assets consumed nearly half of China\\ s steel production.
July 15 southwest of seven steel mills and even held a meeting to stabilize the steel market in Chengdu. The previous week, Southwest regional construction steel prices continue sharp decline, steel unprecedented loss of pressure.
\"The first half of cold-rolled or twenty or thirty of the decline has begun to the decline of hundreds.\" A steel distributor in the steel forum such a message the entire forum on topics of greatest concern is how to dumped goods gallop.