Further to the Midwest, Sinosteel Australia Mining Company obtained a controlling interest, the China Metallurgical Group recently reached an agreement with Russia joint development of an enterprise in Australia iron ore, indicating iron ore in China is accelerating the pace of overseas investment.
Experts interview that invest in overseas iron ore in China, glue stick "this step" must go, but be sure to go quasi-stable. Establish the balance of risks to the interests of the business mentality, and resources to achieve the interests of the country win.
Famous steel information organizations "My iron and steel" Jia Liang, principal analyst and other industry groups have pointed out, glue gun to invest overseas iron ore can not just count "one of the accounts", but considered "more of the account." Take the business level, that you can not just focus on investment in the mine itself, but also on the railway transport, port operations, and other resources of the whole industrial chain collaboration "with the ore, transportation does not come out, put can not ship", the investment efficiency will be greatly reduced.
Liu Yongshun iron ore expert, told reporters that in the future a longer period, the two elements of monopoly and demand affect the global iron ore market conditions will continue. To minimize the market conditions on the negative impact of China's steel industry, it is necessary for the monopoly and requirements of these two factors make a difference.
Now, the traditional three mining companies are seeking greater monopoly, which the majority of small and emerging mining companies being shaken, have taken action to avoid being "eaten", which changed the pattern for the iron ore market has brought "chance of survival." Experts say that this investment opportunity should not be overlooked. On the other hand, we should seize the current full consolidation of the domestic steel market opportunity, and vigorously promote the restructuring of the domestic steel industry, optimize the structure of domestic steel demand.
However, breaking the monopoly and adjustment needs to be "two-pronged approach." If you do not control demand, blindly relying on iron ore resources overseas, will only further enhance the market value of overseas resources, making us passive raise its offer, difficult to control acquisition costs, and ultimately could pay a lot of money after the initial investment, "Reactive and return. "