When China tried to get rid of the monopoly of the three major mines through diversified procurement, it encountered Indian, Vietnamese and other countries to raise iron ore export tariffs, which undoubtedly made the game between domestic steel enterprises and the three major mines more difficult. Yesterday, according to Vietnam news, the Vietnamese Ministry of Finance issued a notice that from February 7th, the export tariffs on iron ore and refined iron ore and pyrite will increase from 30% to 40%. The Vietnam Iron and Steel Association said the move was to limit the phenomenon of low-priced exports of raw ore. In fact, last year the Vietnam Iron and Steel Association publicly stated that Vietnam’s pig iron production capacity has reached 1.8 million tons, and there are still many blast furnaces under construction. It can be predicted that the demand for iron ore will increase, so it is recommended to stop. Export iron ore to countries such as China. Coincidentally, at the end of last year, India, one of the major sources of iron ore in China, just announced an increase in the export tariff rate for iron ore from 20% to 30%. At that time, the Chinese steel industry generally believed that because India has always been considered an important factor restricting the mining giants in Australia and Brazil, the increase in export tariffs caused the Chinese steel industry to be hit hard at the beginning of 2012. In the face of the price increase in Vietnam, an industry expert told reporters that although Chinese steel companies have been striving to counter the strong three major mines through diversified procurement and increasing the proportion of domestic ore use, but from 2011 The situation is not very noticeable. Under this circumstance, the price increase of Vietnam, India and other countries will make it more difficult for China to compete for the right to dispose of iron ore pricing. According to the data, in 2011, 64% of China's iron ore imports came from Australia and Brazil, and there was no change compared to 2010. My steel network analyst Zeng Jiesheng pointed out that it is well known that the three major mines occupy a monopoly position in the global trade of iron ore, and diversified procurement has been an important step for Chinese steel companies to compete for the right to speak with the three major mines. If the three major mines insist on rising prices, China will increase imports from other countries, but now India and Vietnam's policy of controlling exports has made Chinese steel companies in a dilemma. At the same time, the relevant person in charge of steel enterprises told reporters that in 2011, a total of 64 countries exported iron ore to China, of which iron ore from Vietnam accounted for less than 1% of total imports. Therefore, Vietnam’s increase in export tariffs has little impact on China. On the other hand, it is worth noting that due to their own development needs, some countries restrict exports, which makes the diversified procurement strategy of Chinese steel companies increasingly difficult. Overall, accelerating overseas investment in mining and increasing the amount of domestic mine purchases is Get rid of the most effective measures for relying on the three major mines.
Make your car interior look outstanding with a car interior lighting kit also known as a starlight headliner. DSPOF Lighting fibre optic headliner brings the shining starry night sky into your car. You can control the colours and the twinkle feature easily, creating an incredible cosmic vibe while you drive. If you wanna customized it,please do not hesitate to conatct with me.
Starlight Headliner Kit,star car roof,star ceiling car,star lights for car
Jiangxi Daishing POF Co.,Ltd , https://www.opticfibrelights.com