The hottest foreign media said that China would ab

2022-10-19
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Foreign media said that China would abolish the iron ore import license system this year

foreign media said that China would abolish the iron ore import license system this year

China Construction machinery information

Guide: in the afternoon of June 13, Beijing time, Reuters reported that the inclusive effectiveness of insiders was improved by about 30%, saying that China plans to abolish the ten-year-old iron ore import license system this year, Open up this market, which accounts for 2/3 of the global iron ore trade. This move can also reduce the cost of domestic steel mills, because licensed middlemen charge

in the afternoon of June 13, Beijing time, according to Reuters, people familiar with the situation said that China plans to abolish the ten-year-old iron ore import license system this year and open this market, which accounts for two-thirds of the global iron ore trade

this move can also reduce the cost of domestic steel mills, because the import commission charged by licensed middlemen no longer exists. The move will also mark the end of China's efforts over the years to strictly control trade distorting the agreed price rights of large minerals

insiders who declined to be named revealed that China will open iron ore trade in the second half of the year; In order to strengthen the marketization of the industry and give steel mills more choices, import qualification licenses are no longer required. After all, iron ore traders will only need the same conventional license issued to other importers, and will no longer need to be approved by industry institutions such as the China Iron and Steel Industry Association

in 2012, China imported a record 743 million tons of iron ore, an increase of 8% year-on-year

the iron ore import license system is that China strives to achieve "one voice" in the iron ore industry when dealing with large foreign suppliers

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