Baosteel Importing Iron Ore on Temporary Price Basis-Shanghai Metals Market

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Baosteel Importing Iron Ore on Temporary Price Basis

Industry News 05:16:58PM May 05, 2010 Source:SMM

May 5 (China Daily) - Baoshan Iron & Steel Co, China's largest listed steelmaker, is importing iron ore from top global miners on a temporary price basis, Ma Guoqiang, the listed unit's general manager, said on Wednesday.
 
He said the company was studying how to deal with the adverse impact of iron ore price changes while negotiations with the three main global producers continued.

But Ma added on a conference call
 

Key Words:  Baosteel  iron ore 

Baosteel Importing Iron Ore on Temporary Price Basis

Industry News 05:16:58PM May 05, 2010 Source:SMM

May 5 (China Daily) - Baoshan Iron & Steel Co, China's largest listed steelmaker, is importing iron ore from top global miners on a temporary price basis, Ma Guoqiang, the listed unit's general manager, said on Wednesday.
 
He said the company was studying how to deal with the adverse impact of iron ore price changes while negotiations with the three main global producers continued.

But Ma added on a conference call
 

Key Words:  Baosteel  iron ore