亚洲视频免费一区,国产欧美综合一区二区,亚洲国产观看,91精品啪在线观看国产91九色,日本又黄又粗暴的gif动态图含羞,麻豆国产一区二区在线观看,中文字幕在线二区

Economy

Markets

Industries

Insights

Reports

Events

WISCO eyeing overseas iron ore assets

By Tan Yingzi and Jiang Wei (chinadaily.com.cn)
Updated: 2009-03-06 19:23

Wuhan Iron & Steel Group (WISCO) is planning to acquire iron ore assets in Australia and Cambodia, according to its president Deng Qilin.

Related readings:  Fortescue to expand iron ore sales to China's Valin Steel makers' net profit plummets in '08   Rio says iron ore talks with China uninterrupted China's steel makers warned not to accept index pricing

He made his remarks at the sidelines of the ongoing session of the National People's Congress but declined to elaborate further.

Deng, who is also chairman of the China Iron & Steel Association, said iron ore prices in the long-term agreement must be cut this year from a year ago as demand from steel makers in Europe, United States and Japan have fallen.

The company also urged the central government to increase tax rebates on exports of high-end steel products.

Deng expected the country to speed up restructuring in the steel industry through mergers and shutting down backward capacities.