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鄂州翻译公司关键字：Since 2005, the impact of soaring iron ore import prices of Chinese steel industry's nerves, so that the domestic steel companies a headache; more puzzling is this: China as the world's iron and steel power (capacity ranks first in the world), but not iron Stone's own pricing, but to accept the Japanese Iron and Steel Company signed the contract price. February 22, 2005, Brazil's Vale (CVRD), Australia's Rio Tinto reached an agreement with Nippon Steel Corporation, since April 1 from the international iron ore contract prices than the previous year rose 71.5%. Given Japan's imports of iron and steel enterprises in the Asian iron ore monopoly pricing, the world's fifth largest steel company POSCO and Korea, China's largest steel company Baosteel have accepted the price increase. Subsequently, the world's third largest Australian iron ore suppliers BHP Billiton (BHP) in trouble, tough requirements of its iron ore FOB prices rose 103% - 114%. Is bound to increase iron ore prices soared, the cost of China's steel industry, although the cost of the steel industry can be transferred, but ultimately foot the bill by the downstream industry. This unfavorable situation has exposed the great development of China's steel industry in a number of issues. This article from the perspective of value chain analysis of the problem: As the world's steel giant's why China is iron ore price taker, but do not have much bargaining power? How to improve the bargaining power of China's steel industry? According to Michael Porter's competitive theory, business (or industry) on the upstream suppliers' bargaining power depends on the strength of both the ability Kanjia contrast. Kanjia capacity is reflected in the degree of industry concentration, if the supplier industry, the high concentration of industry than the buyer, on account of its dominant position in product pricing. Suppliers sell their products to buyers scattered, often able to price, quality and delivery time to exert considerable influence. In addition, Kanjia capacity is also reflected in the availability of alternatives. If the supplier to an industry sales do not have to compete with the alternatives, you can enhance its Kanjia capacity.From the industry in terms of concentration, iron and steel industry at a disadvantage. World iron ore mining industry is an oligopoly status, the top three iron ore producers dominated the world trade of iron ore can be more than 70%, while the world's steel industry concentration is much lower. This determines the overall weak steel industry Kanjia capacity. Within the steel industry from the point of view, China's steel industry and its status is not Kanjia ability to match. Since 1996, China's steel output for the first time exceeded 100 million tons, has been living in the world. According to China Iron and Steel Association data, 2004 China's steel output reached 2.67 million tons, annual output of steel is the only country over two hundred million tons, 208 million tons of iron ore imports in 2004 than in 2003 Meng by 6,000 tons. Expected iron ore imports in 2005 would add another 40 million tons to reach 248 million tons, the import dependence of 50% increment of iron ore China consumes most of the world. Such a large iron and steel production, such a large volume of imports of Chinese steel industry, why not give the strong bargaining power, nor even won the Asian iron ore pricing? Due to China's steel industry is too fragmented. China's current size, there are hundreds of steel mills as much as a high degree of
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