Raw materials imports and price determination in Bao Steel

  • Thursday, May 21, 2020
  • Source:ferro-alloys.com

  • Keywords:Raw materials, Bao Steel
[Fellow]Chairman secretary of Bao Steel: More than 90% of the iron ore used by the company is imported.

[Ferro-Alloys.comChairman secretary of Bao Steel: More than 90% of the iron ore used by the company is imported, and the company has a long-term cooperation relationship with the mainstream iron ore suppliers, and the price is related to the Platts index; about 20% of the coal is imported, and they also have a long-term cooperation with the main suppliers, with the price determined through consultation; other raw materials are mainly purchased domestically.

Source: Translated by editor

 
  • [Editor:kangmingfei]

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