The iron ore negotiations ended with a 33% drop in dust. CISA said it didn't know.

Every reporter Yu Wei from Beijing's protracted iron ore negotiations ended with a 33% drop in dust?　　No, at least CISA said it was "uninformed". The iron ore price talks came to an end yesterday after news that Chinese steelmakers had defaulted on a 33% per cent reduction in iron ore prices for Rio Tinto and BHP Billiton. In response to the news, Tangshan, Wisco and other major steel companies in the daily economic news, said the current implementation of the iron ore import price of 67% last year.　　CISA's deputy Secretary-General Xiangdong Clear to this newspaper that the news is not informed.　　Analysts point out that as domestic and foreign steel prices rose, especially domestic demand, steel companies have been basically out of the losses since the end of last year, in this case the miners are more unlikely to regress; In addition, spot prices, based on current steel companies, are down 33% on the basis of last year, and the future may only accept a 33% reduction Steel companies to implement 33% price cuts one industry veteran told reporters yesterday that the three giants had been asking Chinese steelmakers to import iron ore at 67% of last year's prices before they reached a long agreement with the three miners.　　In other words, Chinese steel companies have been accepting a 33% reduction. The person's claim has been confirmed by steel companies.　　Tangshan, Wisco and the daily economic news reporter said that the current implementation of the iron ore import price of 67% last year, but the real association will have to wait for CISA and the three giants of the outcome of the negotiations.　　In this regard, my steel network experts also pointed out that the domestic steel enterprises must maintain production and maintain relations with overseas miners, which is the main reason for steel companies to accept the spot price reduction of 33%, but also reflects the steel enterprise to the future association of a prospective. CISA's "chips" reduction although the 33% decline has not yet been finalized as this year's association, but the Lange Iron and Steel Information Research Center Director Mazhongpu pointed out that the current domestic and foreign steel prices rose, especially domestic demand exuberant, steel companies basically out of the end of last year's loss; and the attitude of the three Giants It's hard to think of them halfway.　　CISA may eventually have to accept a 33% reduction. Just two days ago, Baosteel raised the price of hot rolled steel in August by 300 yuan/ton ~500 yuan/ton, while the price of cold-rolled steel increased by 500 yuan/ton, this is Baosteel less than half a month in the second time to raise prices.　　At the same time, China Iron and Steel Industry Association under-Secretary-General Kingjingdong has said that China's 72 large and medium-sized steel enterprises in May to achieve nearly 9 months of the first industry month profit.　　In fact, since May, the wave of steel prices, has been at a loss since the end of the domestic steel industry has played a "strong heart needle", but also made CISA and the three giants negotiate "steel losses" chips began to reduce. "Cisa doesn't have a chance!" Mazhongpu said that in fact, at the end of last year, steel companies in large areas of loss, limited, it is the best bargaining opportunity for CISA.　　If the association was determined then there would be no passivity today. An expert in the industry who declined to be named said that CISA's strongThe hard attitude did not produce the expected results. In addition to Rio Tinto "cyber door" incident, objectively let foreign mines better understand the bottom line of domestic steel industry, CISA's position more embarrassing. In this way, Sinosteel should serve only as a service, and the enterprise group should negotiate independently.