The Chinese steel industry over the years led negotiations on iron ore imports in the principal leaders of Steel Association Shang Hua Luo and single announced his retirement yesterday, ending with the annual iron ore negotiations, has been involved in, impact on China's iron ore negotiations,
Shougang chairman is the new president of
Steel Association, held yesterday, the fourth member of the General Assembly, elections, Shougang Group Chairman Zhu Jimin, general manager of Wuhan Iron and Steel to succeed Deng Qi Lin, China Steel Association as a long term in 2011 -2013; Baosteel chairman Xu Lejiang, will serve as President in 2013 -2015 years.
and Steel Association has been in charge of daily operations and Steel Association Vice Chairman Luo Shan Shang Huaxuan cloth outgoing Secretary-General, serve as vice president Zhang Changfu Steel Association secretary general; the original planning and development of the SAC Secretary Wang Qi Luo's work took over as vice president of China Steel Association. In addition, the original Steel Association Xian-Wen Chen, director of market research will also benefit from the China Steel Association leave.
It is reported that Luo due to advanced age, no longer suitable for leadership positions; and single-Shang-hua said
's Steel Association has 232 member units, covering China's major steel companies, the association in annual iron ore price negotiations play an important role, and the integration of the domestic steel industry and related policies provide advice to the government.
situation of iron ore negotiations adverse
Luo, Shan Shang Hua, Xian-Wen Chen, who has been co-responsible for the iron ore negotiations in the steel, iron and steel industry policy and other key players in the work and promoters.
the last two years, with China's annual iron ore negotiations in the repeated talk about failures, has been responsible for coordinating the work behind the scenes in the Steel Association has gradually onto the stage, the main negotiations, but unusually low profile Baosteel. China Steel was a very strong attitude, requiring 40% -45% price cut mine, but in the end the monopoly of the Big Three, and the high demand for ore in China failed to achieve the required rate of decline. In 2010, a year to talk about the Big Three long association mining was abandoned by a quarter of a quarter to talk about mine instead. Although the Foreign Steel Association has declared that In 2011, on the mining giant to be replaced with monthly pricing quarterly pricing, and even the wind and direct spot ore has flourished. Position again in the Steel Association, called
at times, one is still China, Luo and other participation, the leading iron ore negotiations, the
Luo in 2000 to 2002 party secretary of Shougang Corporation, chairman; since 2003, he became Iron and Steel Industry Association executive vice president and secretary general.
single yet in 1996 he was appointed China Metallurgical Industry Planning Research Institute, the Steel Association in 2007 as Deputy Secretary-General; 17 January 2008 he became Secretary-General of Steel Association.
background
global iron ore talks began in the early 80s, formed two decades of iron ore negotiations, unwritten practice: Brazil's CVRD and Australia's BHP Billiton, Rio Tinto on behalf of suppliers, Nippon Steel, on behalf of the EU steel demand side. As the settlement price fob, supply-side and demand-side cross-talks. In the negotiations, the first opponents of any agreement on the negotiations, is the starting price, the other parties accept the results.
before 2000, China imported iron ore accounted for about 16% of the international iron ore market, the amount they deserved, so did not participate in iron ore negotiations. In 2004, the Shanghai Baosteel on behalf of China began to participate in the global iron ore price negotiations, the Steel Association has also been involved. But the real concern is the 2005 negotiations, iron ore prices rose 71.5%. Then in mid-mine prices, steel prices losing ground in the negotiations, in addition to the financial crisis in 2009 ore prices fell, prices rose the rest of the year end are mine. Has been responsible for coordinating the work of the negotiations in the Steel Association in 2009 from behind the stage, but in the end could not turn the tide. Iron ore pricing mechanism in 2010 the collapse of the Year, was replaced by a more short-term quarterly pricing.
response
imported ore mining rights for more than half
Steel Association said yesterday that the long-Qi Lin Deng, 2015, China's self-produced iron Concentrate supply capacity from the current less than 40% of total demand, increased to 45%; imports of iron ore concentrate in the proportion of equity will have a larger increase, expected to be less than the current 15% to 50 % or more.
Wuhan Iron and Steel had said, through investment and development in recent years, Canada, Brazil, Australia, Liberia, Madagascar and other countries eight iron ore resource projects, locking hundreds of million tons of equity resources, is expected to be in the during (Xinhua Zhang Yi)
(This article Source: Beijing News)
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