Steel enterprise proposal to establish a national mining company for unified import of iron ore introduction: on the morning of March 1, it was learned from senior officials of Hebei Iron and steel group that at the recent internal meeting, it was proposed to the Ministry of industry and information technology to establish a national mining company for unified import of iron ore to ensure the operation safety of users; I. import iron ore to reverse the current passive iron ore negotiation situation. At present, China has
on the morning of March 1, it was learned from senior officials of Hebei Iron and steel group that at the recent internal meeting, the Ministry of industry and information technology had proposed to establish a national mining company to import iron ore uniformly to reverse the current passive iron ore negotiation situation
unified voice in import negotiations
at present, there are 70 domestic iron and steel enterprises with iron ore import qualifications, and the import channels are extremely scattered. According to the above-mentioned senior management of Hegang, the profits of the three international mining giants have risen sharply year by year due to the sharp rise in iron ore prices, while the import losses of Chinese enterprises are too large, which is a major event related to the interests of the whole country. I hope the state will take some practical measures. "And the sharp rise of iron ore is also easy to form imported inflation."
Hegang suggested that the Ministry of industry and information technology take the lead in organizing large domestic steel enterprises to establish a "national mining resources joint stock Co., Ltd." (tentative name). The senior executive said that the 16 largest steel mills with a scale of 10 million tons in China could first invest and participate in the purchase and investment of iron ore, and then distribute the iron ore according to the equity ratio
"in this way, the demand of these steel mills for imported iron ore can be unified to the mining company. The estimated purchase quantity can reach about 200million tons per year, and the purchase amount can reach billion yuan. When negotiating with the three major mining companies, they will certainly have a say in talking about the quantity of long-term agreement mines than each steel mill now." In addition, the senior management said
Hegang believes that in the future, this national mining company can not only attract more state-owned steel mills, but also private steel mills that comply with industrial policies can invest and participate in shares to obtain rights and interests to import iron ore, which also limits the resale and speculation of imported iron ore
it is difficult for national mining companies to operate.
some analysts believe that China Iron and Steel Association is an industry association and academic institution, not an economic entity. It is unrealistic for China Iron and Steel Association to unify the import and negotiation of iron ore. an economic entity composed of several steel mills can return to a more pure commercial system to complete this arduous task
however, some steel producers point out that it is not easy to concentrate the iron ore import rights of 16 steel mills on one company. For example, Baosteel relies on the import of all iron ores. In this way, Baosteel's ore supply is handed over to the United mining company. The problems involved are also very complex. At least the SASAC of the State Council must nod its head first
"how to truly establish a trust for imported iron ore, balance the interests of all parties, and solve the relevant operational details requires a lot of research and demonstration, as well as the determination of the state. It can be said that the idea is very good and the implementation is difficult."
steel enterprises are at the critical point of profit and loss
a person from a large steel enterprise told Sina Finance and economics that the price of iron ore has risen too fast and too high, and the price of scrap steel has also increased significantly. At present, most of the group's products are in a state of loss. There are not many products with gross profit, and the gross profit per ton is only more than 50 to 100 yuan. In addition to the relevant expenses, they basically do not make money
after the Spring Festival, due to the market rumors that India will continue to impose export tariff on iron ore, and the news that Brazil will impose export tariff on iron ore, the domestic spot iron ore price rose rapidly to USD/ton (63.5% grade), up nearly 10%, and the port quotation also exceeded 1000 yuan/ton
according to reliable information from India, the Indian government will not adjust the export tariff of iron ore in the coming period last Friday. The price of domestic iron ore may still be stimulated at any time in the future