|
|
| |
|
|
China's CMRG agrees annual iron ore supply deal with Rio Tinto-Forging Exhibition-2027 China(Guangzhou)International Forging Industry Exhibition
10/28/2026 锻造展-forging expo-forging exhibition--forging event |
--------------------------------------------------------------------------------------------------------------- |
|
China''s state-owned China Mineral Resources Group (CMRG) has reportedly reached a new annual iron oresupply agreement with Australian miner Rio Tinto, according to Reuters, citing sources familiar with the matter.
Mills to submit purchasing requirements
CMRG verbally informed some Chinese steelmakers of the agreement on October 21 and was expected to begin collecting their required purchasing volumes on October 22. The volume covered by the contractremained unclear, while neither company immediately responded to requests for comment.
Supply talks were suspended in August
As Steelorbis previously reported, CMRG instructed some Chinese mills in August to suspend negotiations withRio Tinto for shipments from September, seeking to strengthen its bargaining position during annual contract discussions.
Established in 2022, CMRG aims to centralize iron ore procurement and secure more favorable terms forChinese steelmakers amid weak domestic demand and thin margins.
锻造展-2027年第二十七届广州国际锻造工业展览会-Forging Exhibition-2027 China(Guangzhou)International Forging Industry Exhibition
2027锻造展，2027锻造展会，2027锻造展览会，2027广州锻造展，2027广州锻造展会，2027广东锻造展，2027广东锻造展会，2027中国锻造展，2027中国锻造展会，2027锻造博览会-Forging Industry Exhibition,Forging expo, 2027 Forging exhibition, 2027 Forging expo, China Forging exhibition, China Forging expo,-Forging Industry event,Forging event, 2027 Forging event, 2027Forging event, China Forging event, China Forging event
内容摘抄于网络,如有侵权,请联系删除 020-38620785,zheng@julang.com.cn
Established in 2022, CMRG aims to centralize iron ore procurement and secure more favorable terms forChinese steelmakers amid weak domestic demand and thin margins.
锻造展-2027年第二十七届广州国际锻造工业展览会-Forging Exhibition-2027 China(Guangzhou)International Forging Industry Exhibition
2027锻造展，2027锻造展会，2027锻造展览会，2027广州锻造展，2027广州锻造展会，2027广东锻造展，2027广东锻造展会，2027中国锻造展，2027中国锻造展会，2027锻造博览会-Forging Industry Exhibition,Forging expo, 2027 Forging exhibition, 2027 Forging expo, China Forging exhibition, China Forging expo,-Forging Industry event,Forging event, 2027 Forging event, 2027Forging event, China Forging event, China Forging event
内容摘抄于网络,如有侵权,请联系删除 020-38620785,zheng@julang.com.cn
|
|
|
|
|
