Industry News

Beijing forms organisation in bid to give Chinese steel producers more leverage over Australian iron ore prices

Views : 260
Update time : 2022-07-21 21:50:57
China's government has formally established a new minerals giant that aims to give Chinese steel producers more bargaining power over prices for Australia's most important export iron ore.
The move, first touted by the steel industry earlier this year, comes as speculation mounts that Beijing will soon back down on its unofficial ban on Australia's coal exports, which could reopen trade worth almost $14 billion a year at its peak.
Related News
Read More >>
E United Group enters European market with 98% recycled steel E United Group enters European market with 98% recycled steel
Mar .03.2026
E United Group enters European market with 98% recycled steel
LME nickel prices rise on weak US dollar and stronger economic data LME nickel prices rise on weak US dollar and stronger economic data
Mar .03.2026
LME nickel prices rise on weak US dollar and stronger economic data
Walsin Lihwa predicts strong Q1 recovery in stainless steel market Walsin Lihwa predicts strong Q1 recovery in stainless steel market
Mar .03.2026
Walsin Lihwa predicts strong Q1 recovery in stainless steel market
Australia raises AD duties on Chinese steel reinforcing bar imports Australia raises AD duties on Chinese steel reinforcing bar imports
Mar .03.2026
Australia raises AD duties on Chinese steel reinforcing bar imports