Baosteel Importing Iron Ore On Short-Term Prices
Chinese steelmaker Baosteel has admitted that it is now importing iron ore on shprt-term contract.
Chen Ying, board secretary of Baosteel's listed company, Baoshan, said that his company "had settled deals with certain (price) increases with miners as of April" and would pay the price difference after iron ore talks were finalised.
No comments:
Post a Comment