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Examples
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China's Baosteel, which is leading Chinese price talks with the miners, last week said that the decades-old benchmark pricing scheme for iron ore is no longer suitable either for steel producers or their suppliers, and it would be "reasonable" to change it.
IOL: News 2010
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China's Baosteel, which is leading Chinese price talks with the miners, last week said that the decades-old benchmark pricing scheme for iron ore is no longer suitable either for steel producers or their suppliers, and it would be "reasonable" to change it.
IOL: News 2010
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China's Baosteel, which is leading Chinese price talks with the miners, last week said that the decades-old benchmark pricing scheme for iron ore is no longer suitable either for steel producers or their suppliers, and it would be "reasonable" to change it.
IOL: News 2010
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China's Baosteel, which is leading Chinese price talks with the miners, last week said that the decades-old benchmark pricing scheme for iron ore is no longer suitable either for steel producers or their suppliers, and it would be "reasonable" to change it.
IOL: News 2010
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China's Baosteel, which is leading Chinese price talks with the miners, last week said that the decades-old benchmark pricing scheme for iron ore is no longer suitable either for steel producers or their suppliers, and it would be "reasonable" to change it.
IOL: News 2010
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Not surprisingly, SOEs conduct OFDI in the primary sector, where investments are dominated by a few giant firms such as Baosteel, the China National Offshore Oil Corporation (CNOOC), the China National Petroleum Corporation, Sinochem, and Sinopec.
StephenGoldsmith: FDI with Chinese Characteristics Stephen 2010
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"We believe that higher-quality steel producers that need high-grade Australian and Brazilian ore, such as Baosteel, perhaps will come to the table, whereas others will be happy to take their chances on unsecured and open spot tonnage," Liberum analysts said, referring to China's Baoshan Iron & Steel Co.
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Despite rising costs and the frustrations of negotiating with the big three global suppliers, large steelmakers such as Baosteel say they will continue to use higher quality imported iron ore for the foreseeable future.
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Large Chinese producers, such as Baosteel, use 89 workers to make 10,000 tons of steel, the director said.
BusinessWeek.com -- 2010
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There will be consolidation over the next 12-18 months and the big players such as Baosteel, Angang and Wuhan, to name a few, will benefit.
SeekingAlpha.com: Home Page Erik Bethel 2009
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