Hebei Iron and steel group wants to cooperate on i

2022-09-23
  • Detail

Hebei Iron and steel group wants to carry out iron ore project cooperation in West Africa

Hebei Iron and steel group wants to carry out iron ore project cooperation in West Africa

China Construction machinery information

Guide: Wang Yifang, chairman and general manager of Hebei Iron and Steel Group, met with George Jones, chairman of Sundance Corporation of Australia, and his delegation. The two sides had a talk on iron ore cooperation in West Africa. At present, the two countries have not carried out specific cooperation, and the next step may be to stop the protection and maintenance talks according to specific projects. August 19

Wang Yifang, chairman and general manager of Hebei Iron and Steel Group, met with George Jones, chairman of Sundance Corporation in Australia, and the two sides talked about the cooperation of iron ore in West Africa. At present, the two countries have not carried out specific cooperation, and the next step may be discussed according to specific projects

on August 19, the "tangled" iron ore negotiations made more Chinese steel enterprises speed up the pace of overseas mining, and Hebei Iron and Steel Group naturally did not want to lag behind

On August 10, Wang Yifang, chairman and general manager of Hebei Iron and Steel Group, met with George Jones, chairman of Sundance Corporation in Australia, and the two sides had a talk on the cooperation of iron ore in West Africa

they have expressed their intention to cooperate with the West African iron ore project. Yesterday (August 18), a person in charge of Hebei Iron and steel group told the daily economy that what should be paid attention to when using the cold and hot shock test box at present? The first two should treat all operators equally. There is no specific cooperation yet, and the next step may be discussed according to specific projects

at a time when the three major international mines intend to move the iron ore pricing mechanism closer to the spot price and the cost control of the production and operation of Chinese steel enterprises is facing new challenges, the two sides' negotiation on iron ore projects is really interesting

the stability of ore sources is crucial to steel enterprises.

in early 2009, executives from more than a dozen Chinese steel enterprises, including Baosteel, WISCO, Anshan Iron and steel, Hebei Iron and steel, jointly wrote to relevant departments, hoping to raise the problem of imported iron ore to the national level. However, the rise in iron ore prices is inevitable, and the long-term cooperation mechanism conducive to the cost control of iron and steel enterprises is also facing collapse

data show that since the low point on July 2, the current round of iron ore price rebound has exceeded 15%. Among them, 63% to 63.5% of the CIF price of fine ore in India has reached US $153/ton to US $155/ton, and the CIF price of fine ore in southern Brazil is US $155/ton to US $157/ton, which has exceeded the market rumors that Rio Tinto and other iron ore suppliers reached a pricing agreement of US $147 per ton in the third quarter with Japanese and Korean steel enterprises

for many years, China imported iron ore mainly from Australia, Brazil and India. In the first half of 2009, the ore sources of the three countries accounted for 81.6% of China's total imports. International mining enterprises have obvious monopoly advantages. Vale and other three international mining enterprises have a monopoly of 70% of the global shipping volume of iron ore. The stronger the monopoly advantage, the higher the asking price of the mine. According to customs data, China imported 310million tons of iron ore in the first half of the year, an increase of 4.1% year on year; However, the average import price rose sharply, with an average import price of $111.5/ton, up 47% year-on-year

he Rongliang, a senior iron and steel researcher at the productivity of China commercial circulation, said that the stability of mineral resources is very important for iron and steel enterprises. In the iron and steel industry chain, iron and steel enterprises have always been in a weak position, which makes Chinese enterprises eager to seek mineral resources

it plans to cooperate on the West African project

industry analysts believe that with the development of iron ore pricing mechanism closer to the spot price, raw material cost fluctuations have greatly intensified, bringing new challenges to the cost control of steel enterprises' production and operation

at present, the actual production capacity of Hebei Iron and Steel Group has reached 50million tons, and it is naturally difficult to meet normal production by relying solely on domestic mines. There is no doubt that Hebei Iron and steel group wants to solve the problem of iron ore supply

on August 18, people from Hebei Iron and steel group did not deny the group's thirst for iron ore. Recently, Hebei Iron and Steel Group is in contact with the Australian iron ore development company Sundance on its Cameroon mbalam iron ore project. Wangyifang expressed the hope that a cooperation consensus can be reached on the mbalam iron ore project in West Africa

hydroxides: aluminum hydroxide, magnesium hydroxide and basic magnesium carbonate have expressed their intention to cooperate on the iron ore project in West Africa. On August 18, the unnamed person in charge of Hebei Iron and steel group told daily economy that at present, the two countries have not carried out specific cooperation, and the next step may be discussed according to the specific project

sundance is the 11th largest iron ore producer in Australia, and its business is focused on the mbalam iron ore project in West Africa

Copyright © 2011 JIN SHI