CISA says China has kicked off iron ore price talks
Mineweb.com reports that the Chinese Steel & Iron Association ( CISA) is engaged in talks for the price of iron next year, on the heels of having officially adopting a quarterly pricing scheme.
Articles Tagged "cisa"
Chinese Iron Ore Boycott Unsustainable
Iron ore demand is increasing among Chinese steel makers and the CISA lead boycott is simply not credible. Iron mining companies recognize this and will not relent from their position, which grows stronger every day that global demand recovers and ore prices rise.
Fluctuating Fortunes
By Kishori Krishnan Exclusive To Iron Investing News Iron ore negotiations are a real conundrum, as next year’s talks are soon to begin, yet this year’s have not been resolved. In the meantime, the trio – Rio Tinto, Brazil’s Vale and BHP have been taking advantage of spot prices in iron, which have been on [...]
Price should decline to 2007 level – CISA
China Iron & Steel Association has decided to rebuild iron ore import mode, suggesting that long term contracts be uniformly negotiated, implemented and adjusted at certain intervals by Baosteel and claiming iron ore price should decline back to the level in 2007. For more information, click here
