It is reported the Iron Ore Price Negotiation has been to the deadlock period recently, and China Iron and Steel Association has strengthened the administration on domestic iron ore spot market. Insiders from China Iron and Steel Association noted that CISA and related divisions were busy with perfecting regulars on iron ore import recently, and the New regulars might come out as soon as possible.

 

The New regulars will make limitation not only on import enterprises, but also on steelmakers involving in environmental protection, production capacity and so on. Moreover, CISA denied the rumor that CIAS made advice to stop spot iron ore business.