www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Rio Tinto CEO says demand to grow

By Du Juan (China Daily) Updated: 2014-05-29 07:42

Li Xinchuang, head of the China Metallurgical Industry Planning and Research Institute, said China's iron ore imports will rise to 870 million tons in 2014 with annual growth of 6 percent.

China has depended highly on iron ore from Australia and Brazil. That accounts for around 70 percent of the nation's iron ore imports. The National Development and Reform Commission, the country's economic planner, encourages Chinese companies to buy overseas iron ore assets to cut dependency on foreign supply.

China will meanwhile increase ore imports from Africa to diversify supply.

China is establishing trade relations with 15 African countries to secure iron ore supplies, Li said. Africa accounts for only 8 percent of China's iron ore now.

Against that background, major international mining companies are expanding output and capacity to grab a bigger market share in China. That's even when prices for the mineral are falling.

Since the beginning of 2014, iron ore fell 20 percent from the same period last year.

Rio Tinto said in its corporate report that iron ore output for the first quarter grew 8 percent year-on-year to 66.4 million tons.

It expects to produce 295 million tons in 2014 and expand annual capacity of its port, railway and power infrastructure to 360 million tons by the first half of 2015.

BHP Billiton Ltd, an Australian miner, reported 49.57 million tons of iron ore output for the first quarter, 23 percent annual growth.

In its first-quarter report, the company raised its yearly output target to 217 million tons.

Perth, Australia-based Fortescue Metals Group Ltd increased output 56 percent to 31.5 million tons for the first quarter.

China has tried to cut overcapacity in domestic steel mills to reduce pollution and keep development sustainable. That leads to increased output and delivery from foreign miners competing for market share.

"My business is long-term and a network-building business," Walsh said.

The job isn't just supplying commodities. Our relations go deeper, he said.

Rio Tinto CEO says demand to grow Rio Tinto CEO says demand to grow
Steel sector still facing profitability problems  China seeks more influence in setting iron ore prices 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲一区二区三区久久精品 | 国产精品一区二区在线观看 | 久久久999国产精品 久久久99精品免费观看 | 日本a级特黄三级三级三级 日本a一级片 | 亚洲成a人片在线v观看 | 日韩视频免费一区二区三区 | 日韩精品一区二区三区 在线观看 | 狠狠色丁香婷婷久久综合考虑 | 成人a区| 欧美另类专区 | 国产男女交性视频播放免费bd | 国产精品亚洲精品日韩已方 | 亚洲好视频 | 青青青免费手机版视频在线观看 | 婷婷在线成人免费观看搜索 | 国产成年人 | 精品国产一区在线观看 | 成人免费一区二区三区视频软件 | 久久久久久久久毛片精品 | 久久精品成人 | 久久国产毛片 | 国产精品免费视频一区二区三区 | 国产精品久久久久久久久久影院 | 九九国产 | 国产91成人精品亚洲精品 | 久久综合99re久久爱 | 午夜限制r级噜噜片一区二区 | 亚洲精品无码专区在线播放 | 成人欧美在线 | 毛片免费永久不卡视频观看 | 国产免费一级在线观看 | 一区一精品 | 国产中文字幕在线观看 | 久草视频免费在线观看 | 国产日韩线路一线路二 | 亚洲精品网址 | 欧美日韩一区二区三区在线播放 | 国产综合精品一区二区 | 亚洲免费播放 | 欧美日韩免费播放一区二区 | 国产20岁美女一级毛片 |