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APPROACHES TO UNFAVORABLE SITUATIONS IN CHINA’S IRON ORE TRADE
LU Bei-bei XIAO Rong-ge SHI Yong-min LIU Yong
Resources & Industries    2009, 11 (3): 26-30.  
Abstract2409)      PDF(pc) (1248KB)(1654)       Save

As China moves towards the heavy industrialization, a huge demand of iron ores has been triggered in domestic markets. So far China’s iron ore import depends heavily upon three countries, and the global iron ore export markets have been monopolized, leading to a loss in negotiation rights in international iron ore markets. China is always in a passive status in iron ore trade which jeopardizes domestic economy. This paper analyzes the causes of price rise in importing iron ores and of losing rights to be rater, and presents approaches to the unfavorable situations.

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