China is the world's largest steel producer, is also the world's largest iron ore importer, but the current situation is that the global iron ore production is monopolized by the international monopoly of the few
providers, including the three major iron ore supplier, the annual international iron ore market sales accounted for nearly 70% of supply. Over the years, including China, international iron and steel enterprises are the three major iron ore suppliers with annual supply agreement signed, so one to one negotiation relatively decentralized pricing mechanism makes an absolute disadvantage in iron ore demand side.
From the pricing point of view and structure of the relationship
between changes in iron ore pricing through data analysis pattern of evolution. This paper is divided into five chapters, the first chapter is an introduction. The second chapter is literature review. The third chapter is on iron ore demand, industry concentration and other aspects of the evolution pattern of the development of iron ore pricing. Chapter IV of the international iron ore pricing model changes, and what these changes
mean for China. Chapter V is based on iron ore pricing situation, make
recommendations.