Reporter from the China Steel Company Limited was informed that the company's iron ore imports to actively promote the agent system, this year, 5 months ago, agents of steel were nearly 10 million tons of iron ore imports.

According to the China Steel Corporation of the person in charge for the implementation of the "iron and steel industry restructuring and revitalization of planning", in steel this year, China Iron and Steel Association in accordance with the relevant requirements, and actively explore new business model of iron ore imports, and promote the import agent system, in order to comply with requirements of industrial policies iron and steel production of small and medium-sized enterprises.

It is understood that iron ore imports to vigorously promote the agent system, defined in the steel, iron ore import contracts signed prior to the flow must be clear; in steel manufacturing enterprises only as import agents, collection agency fees in order to standardize the market, to resist speculation. China Steel imports of iron ore has also developed agency business processes and related systems, the selection of a number in line with industrial policies, the credibility of a good, competitive long-term, stable customer agent system as a pilot agency to promote competition in order to standardize the market, and promote small and medium-sized steel manufacturers the importance of healthy development, and guide and promote them to accept the agent system.

It was learned that five months, China Steel has identified 38 customer agent, signed copies of more than 120 agency contract, agent nearly 10 million tons of iron ore imports last year nearly three-fold increase over the same period. In the norms of domestic iron ore market, in the iron and steel ore to make new progress in business, imported the same period last year, there has been increased considerably.

In February this year, China Steel Association adopted the principle of "iron and steel industry of imports of iron ore trade order self-discipline," the provisions of the Convention on imported ore import volume or less qualified small and medium-sized steel enterprises to adopt principal-agent approach to iron ore imports in order to prohibit the traders was mine, mine speculation. The State Council promulgated the "iron and steel industry restructuring and revitalization of planning" is also proposed, to strengthen self-discipline, standardize the order of imported iron ore market, and explore the implementation of the agent system.

China Steel is the largest importer of iron ore, except in Australia has rights and interests of 11 million tons of iron ore, but also with Australia, India, Brazil's iron ore producers to establish a broad network of cooperation and long-term efforts to create a pluralistic resource channels operating in 2008 nearly 30 million tons of iron ore.