Chinese Steel Enterprises’ Strategies under the Pricing Model of Iron Ore in the World

  •  Jiaqing Li    
  •  Lihui Sun    


With the global non-renewable resources’ shortage and prices rising, Chinese steel enterprises’ production costs
continue to grow. On the background of the global iron ore negotiation, the article analyzes the steel enterprise’s
vulnerable position in the iron ore negotiations and the influencing factors, and makes appropriate
recommendations from the perspective of industry chain integration, in order to improve Chinese steel
enterprises’ bargaining power in the iron ore negotiation.

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