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CISA: Iron ore negotiation goes on normally
The 2010 iron ore pricing negotiation between Chinese steel producers and ore giants are going on in a normal and natural manner, today's Beijing Morning Post cited Deng Qilin, vice chairman of China Iron and Steel Association (CISA) and general manager oThe 2010 iron ore pricing negotiation between Chinese steel producers and ore giants are going on in a "normal and natural" manner, today's Beijing Morning Post cited Deng Qilin, vice chairman of China Iron and Steel Association (CISA) and general manager of Wuhan Iron & Steel Group (Wugang).
Deng's words scotched rumors that the ore giants set aside China in the negotiation.
CISA Vice Chairman Luo Bingsheng said yesterday that he would meet the press at the quarterly press conference next week. "At present, it is inappropriate to comment on the iron ore pricing negotiations."
Deng said earlier that CISA hoped to secure a special price of iron ore for China, rather than follow the prices set by other Asian steel firms and iron ore producers. It is reported that CISA and related government departments are studying the regulation on excessive iron ore imports and the management on import licensing.
By People's Daily Online
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