CHINA / index

    Gov't: China can't pay more for iron ore
    by AP
    Updated: 2006-03-18 08:52

    BEIJING - China's government won't interfere in price talks between its steel makers and foreign iron ore suppliers, a Cabinet minister said Friday, though the government insisted it can't afford another jump in already high prices.

    The comments by Ma Kai, the minister in charge of China's main planning agency, came after suppliers expressed alarm at suggestions the world's top steel producer might try to dictate prices following a 71.5 percent rise in iron ore costs over the past year.

    "The government will not interfere in setting the price, and the price will be decided by the market," Ma told a visiting group of U.S. newspaper editors.

    Ma said, however, that China plans to restrain the growth of its steel industry this year in order to conserve energy and water and cut demand for costly imported raw materials.

    China's iron ore imports from Australia, Brazil and other producers rose 37 percent last year amid high demand by its booming automaking, construction and other industries.

    Chinese steel makers are in talks with suppliers BHP Billiton Ltd. and Rio Tinto Group of Australia and Brazil's Companhia Vale do Rio Doce over the price of long-term contracts. The suppliers reportedly want price increases of 15 to 20 percent, to take effect April 1.

    Ma's agency, the National Development and Reform Commission, and the Commerce Ministry issued a statement this week expressing dismay at rising iron ore prices and calling them unacceptable.

    "The government will pay close attention to iron ore price talks and take necessary measures if prices are unacceptable and unreasonable," the statement said.

    Last year's jump in iron ore prices prompted complaints over China's apparent lack of bargaining power, even though it imported 275 million tons last year, or about 43 percent of world production.

    "This is the first step by China to limit commodity prices. We believe China will likely develop a comprehensive strategy to deal with commodity prices," Andy Xie, an economist at Morgan Stanley in Hong Kong wrote in a report released Thursday.
    Page: 12

     
     

    一本大道香蕉中文日本不卡高清二区| 无码人妻精品一区二区三区夜夜嗨 | 日韩专区无码人妻| 久久久久久国产精品无码下载| 亚洲av永久无码制服河南实里| 无码高清不卡| 免费A级毛片av无码| 人妻无码精品久久亚瑟影视| 日韩中文字幕免费视频| 国模无码一区二区三区不卡| 亚洲AV无码码潮喷在线观看| 亚洲JIZZJIZZ中国少妇中文| 中文字幕一区二区人妻| 日韩av片无码一区二区三区不卡 | 日韩精品久久无码人妻中文字幕 | 无码中文字幕日韩专区| 天堂AV无码AV一区二区三区 | 精品欧洲av无码一区二区三区| 高清无码午夜福利在线观看| 亚洲va中文字幕无码久久不卡| 免费AV一区二区三区无码| 国产激情无码一区二区app| 亚洲AV无码一区二区三区系列| 久久无码高潮喷水| 无码任你躁久久久久久老妇App| 狠狠精品久久久无码中文字幕| 婷婷中文娱乐网开心| 波多野结衣中文字幕在线| 亚洲中文久久精品无码| 中文午夜乱理片无码| 国色天香中文字幕在线视频| 亚洲AV蜜桃永久无码精品| 伊人蕉久中文字幕无码专区| 亚洲无码精品浪潮| 中文字幕无码一区二区三区本日| 无码少妇一区二区浪潮av| 亚洲国产精品成人AV无码久久综合影院| 办公室丝袜激情无码播放| 国产精品99无码一区二区| 无码人妻AⅤ一区二区三区水密桃 无码欧精品亚洲日韩一区夜夜嗨 无码免费又爽又高潮喷水的视频 无码毛片一区二区三区中文字幕 无码毛片一区二区三区视频免费播放 | 亚洲AV无码一区二区二三区入口|