摘要
The spot market would be the decisive factor in China＇s iron ore imports if the ongoing negotiations between the country＇s steel mills and the overseas miners break down, China Daily quoted an industry insider as saying on June 17. The supply chain would continue working smoothly on the spot market, for many domestic steel makers and foreign suppliers had been tapping this as a main business model recently, the newspaper quoted Hu Kai, an analyst with Umetal.com.
