According to the "Daily Economic News" report, Chinese steel companies who frequently lose their aphorism in the iron ore negotiations are beginning to comprehensively "clean up" iron ore imports.
On March 17, Luo Bingsheng, a special analyst at the China Iron and Steel Association, said at the 2011 metallurgy and mineral products conference that he would consider fully implementing the import iron ore agent system and reasonably control the import stocks of the port.
Luo Bingsheng said that domestic companies with imported iron ore qualifications can still be imported in the future, but the flow of iron ore must be iron and steel production enterprises. It is reported that the iron ore import agency system to be promulgated soon has been unanimously approved by major domestic steel companies.
This means that after the implementation of the iron ore proxy system, enterprises with import qualifications will be strictly controlled in the flow of imported ores, and they are forbidden to arbitrarily increase the price of reselling ore, and resales to enterprises with no import qualifications can only collect agency fees.
On March 17, Luo Bingsheng, a special analyst at the China Iron and Steel Association, said at the 2011 metallurgy and mineral products conference that he would consider fully implementing the import iron ore agent system and reasonably control the import stocks of the port.
Luo Bingsheng said that domestic companies with imported iron ore qualifications can still be imported in the future, but the flow of iron ore must be iron and steel production enterprises. It is reported that the iron ore import agency system to be promulgated soon has been unanimously approved by major domestic steel companies.
This means that after the implementation of the iron ore proxy system, enterprises with import qualifications will be strictly controlled in the flow of imported ores, and they are forbidden to arbitrarily increase the price of reselling ore, and resales to enterprises with no import qualifications can only collect agency fees.
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