Steel costs over on the "insidious ploy technique" make things arduous for the Chinese ore dialogues
A controller by the Japanese iron alloy charges of metal ore discussions, "conspiracy" or will be arranged afresh, this will furthermore substantially impairment the concerns of the Chinese metal and iron alloy enterprises.
Japanese hard metal costs conspiracy
April 16, Japanese newspapers described that Nippon Steel and other foremost iron alloy manufacturers are employed with BHP Billiton and other assets considering the 2009-2010 fiscal year metal ore agreement cost discussions on associated affairs, is expected to down turn on the agreement cost of metal ore 30 % of the agreement.
In this consider, are in circulation in the Productivity Promotion Center, said iron alloy analyst Joseph Rongliang, "or the reality of such a likelihood, but somewhat small. If there is, will have to make persons suppose is a conspiracy." If the Japanese iron alloy charges come to 30% metal ore cost affirmation, then the cost than the location cost should be much higher.
Japan's steel prices are really very, very puzzled by this move.
April 13, South Korea POSCO said that the swamping wish that metal ore charges this year fallen 50% after the China Steel Association has inquired to discuss metal ore charges down to the groundwork 2007 grade, which means that excavation charges are not less than 40%.
"Chinese steel enterprises should strongly resist." Rongliang He said that in the current financial crisis, the Japanese steel market prices should not regardless of capacity, to accept a little less, but because a large number of equity prices in Japan steel mines, and so kill two birds with one approach can be described as -- On the one hand, South Korea and other countries significantly increase the cost of steel prices, thus increasing the Japanese enterprises in the international steel markets, further expansion in the global market share; On the other hand, prices of steel to Japan, Australia and other overseas mining shares, up from part of price of access to rights and interests, and then offset the range of costs.
"Steel charges in Japan the perform of enterprise ethics is solely missing." Rongliang Joseph said.
Last year, iron alloy charges in Japan is the first and Vale do Rio Doce in metal ore charges 71 per hundred to come to an affirmation, the outcome of China's iron alloy enterprises to pay the more than 1400 billion yuan, nearly the entire homeland the addition of the earnings of iron alloy prices.
China should firmly say no
"Last year, the bargaining procedure has been demolished, it can be said to stay peeled meat. To do so this year, the dialogues and will be demolished one time over, there is no foundation for the negotiations." Rongliang He said that the Chinese hard metal enterprises is no longer needed compliance with the earlier practice, the dialogues should move into their own times.
At present, Japan's iron alloy output is about the year 100 million tons, while China lives at the world's 1 / 3 of the metal and iron alloy output, 400 million tons per year of metal ore trades, much of Japan's metal ore consumed in large quantities. But the worldwide discussions on metal ore charges nearly habitually contain the right to talk in the hands of the Japanese iron alloy charges, China's iron alloy charges in a feeble place, and not the value of imported ore and the Japan-South Korea business.
It is comprehended that the present Nippon Steel, Mitsui and other enterprises, for instance considerable overseas Australian prospecting allocations, the Australian steel ore in the 24 greatest Japanese financial gatherings have distilled on eight financial endeavour, equity participation of 16, has been in the progressive manipulate of the upstream hard metal development industry .
So, how can China's steel enterprises effectively fight back to the original voice of their own?
Rongliang He said, first of all, it is necessary to complete the integration of iron ore import market, companies need to reflect the ethics of large corporations, in order to set a good example of small steel mills, to comply with the provisions of China's iron ore imports; Secondly, the joint can the forces of the joint should be International Iron and Steel and South Korea, and other interactive businesses; Finally, it is necessary to formulate corresponding strategies to better reflect the principle of capacity prices. As long as a firm stand with the Chinese iron ore consumption is sufficient to form a decisive impact. At the same time, in good faith to treat the iron ore business, especially long-term business partnership. - 18758
Japanese hard metal costs conspiracy
April 16, Japanese newspapers described that Nippon Steel and other foremost iron alloy manufacturers are employed with BHP Billiton and other assets considering the 2009-2010 fiscal year metal ore agreement cost discussions on associated affairs, is expected to down turn on the agreement cost of metal ore 30 % of the agreement.
In this consider, are in circulation in the Productivity Promotion Center, said iron alloy analyst Joseph Rongliang, "or the reality of such a likelihood, but somewhat small. If there is, will have to make persons suppose is a conspiracy." If the Japanese iron alloy charges come to 30% metal ore cost affirmation, then the cost than the location cost should be much higher.
Japan's steel prices are really very, very puzzled by this move.
April 13, South Korea POSCO said that the swamping wish that metal ore charges this year fallen 50% after the China Steel Association has inquired to discuss metal ore charges down to the groundwork 2007 grade, which means that excavation charges are not less than 40%.
"Chinese steel enterprises should strongly resist." Rongliang He said that in the current financial crisis, the Japanese steel market prices should not regardless of capacity, to accept a little less, but because a large number of equity prices in Japan steel mines, and so kill two birds with one approach can be described as -- On the one hand, South Korea and other countries significantly increase the cost of steel prices, thus increasing the Japanese enterprises in the international steel markets, further expansion in the global market share; On the other hand, prices of steel to Japan, Australia and other overseas mining shares, up from part of price of access to rights and interests, and then offset the range of costs.
"Steel charges in Japan the perform of enterprise ethics is solely missing." Rongliang Joseph said.
Last year, iron alloy charges in Japan is the first and Vale do Rio Doce in metal ore charges 71 per hundred to come to an affirmation, the outcome of China's iron alloy enterprises to pay the more than 1400 billion yuan, nearly the entire homeland the addition of the earnings of iron alloy prices.
China should firmly say no
"Last year, the bargaining procedure has been demolished, it can be said to stay peeled meat. To do so this year, the dialogues and will be demolished one time over, there is no foundation for the negotiations." Rongliang He said that the Chinese hard metal enterprises is no longer needed compliance with the earlier practice, the dialogues should move into their own times.
At present, Japan's iron alloy output is about the year 100 million tons, while China lives at the world's 1 / 3 of the metal and iron alloy output, 400 million tons per year of metal ore trades, much of Japan's metal ore consumed in large quantities. But the worldwide discussions on metal ore charges nearly habitually contain the right to talk in the hands of the Japanese iron alloy charges, China's iron alloy charges in a feeble place, and not the value of imported ore and the Japan-South Korea business.
It is comprehended that the present Nippon Steel, Mitsui and other enterprises, for instance considerable overseas Australian prospecting allocations, the Australian steel ore in the 24 greatest Japanese financial gatherings have distilled on eight financial endeavour, equity participation of 16, has been in the progressive manipulate of the upstream hard metal development industry .
So, how can China's steel enterprises effectively fight back to the original voice of their own?
Rongliang He said, first of all, it is necessary to complete the integration of iron ore import market, companies need to reflect the ethics of large corporations, in order to set a good example of small steel mills, to comply with the provisions of China's iron ore imports; Secondly, the joint can the forces of the joint should be International Iron and Steel and South Korea, and other interactive businesses; Finally, it is necessary to formulate corresponding strategies to better reflect the principle of capacity prices. As long as a firm stand with the Chinese iron ore consumption is sufficient to form a decisive impact. At the same time, in good faith to treat the iron ore business, especially long-term business partnership. - 18758