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黄石翻译公司关键字：production capacity of many small businesses can go to grab the spot market iron ore Some small traders see profitable, they have to squeeze into the iron ore trade market, resulting in China's iron ore imports soared. In 2004, China at least 1,500 tons of iron ore imports since not consumed. At present, the plot has exceeded 37 million tons of iron ore port, a large part of the ore is imported from India traders, hoarding pending price increases, which artificially increased the iron ore supply and demand tight. Will also form a vicious circle: taste and quality than in Brazil, Australia, India, ore minerals and low import prices actually higher than the first two, which naturally stimulates the former price. At present our government has taken note of China's iron ore imports disorderly situation, began to straighten out imports, such as the introduction of a new iron ore import licensing system. Meanwhile, China Iron and Steel Association also came forward to the domestic steel companies to form alliances to Baosteel as the representative to come forward with BHP Billiton talks in the domestic steel industry an unprecedented united front, BHP Billiton final compromise, give up the fare increase request. China's steel industry has been initially reflected the bargaining potential. If we can better coordinate the formation of a force, the bargaining power of China's steel industry can be greatly improved for backward integration into the upstream supply chain is to improve the bargaining power of China's iron and steel industry an effective way. Japanese steel companies only so far led to the Asian iron ore imports, pricing, early intervention with their upstream iron ore resources, working closely with suppliers to form inseparable relationship. China's steel companies are aware of the problem, a few years ago have begun to seek equity participation of foreign iron ore resources, the current penetration of a greater intensity of the upstream. Baosteel Group, bought a few years ago in Peru, the local iron ore resources; Last year, in Brazil and one of the world's three major iron ore giant Vale to jointly build steel mills, to the use of local iron ore resources; 3, 2004 months Wuhan, Tangshan Iron and Steel, Maanshan Iron & Steel and Shagang, and the world's largest mining companies BHP Billiton of Australia announced the establishment of joint ventures, joint ventures Jimblebar iron mines, four Chinese steel companies each hold a 10% stake Jimblebar mine. This series of overseas mining operations, has made China's iron ore imports, 21% came from overseas Chinese steel enterprises in the mining shares. However, generally speaking, this backward integration efforts were not enough, the supplier can not produce enough of a deterrent, it is difficult to get real control. Currently, the domestic steel companies have begun to seek overseas iron ore resources of control. Such as the April 2, 2004, China Steel Group in the United Nations a few large enterprises and the State Development Bank, China Export-Import Bank formed a strategic partnership, to be $ 2 billion investment in Australian iron ore, and has a controlling interest. Although investment in
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