When China's international status is so strong that no country in the world can shake it, China will probably take the initiative in iron ore pricing. In the past, because China needed to import iron ore for steelmaking and ironmaking, some countries suppressed China in every way, monopolized the pricing power of iron ore, and refused to let China participate. Can you imagine the sadness that the biggest iron ore demander can't comment on the price?

China, who has been bullied for a long time in iron ore, is like this. Because China developed its industry in modern times, after Zhang Zhidong founded Hanyang Iron Works, because the domestic iron ore could not meet the requirements, Zhang Zhidong was unwilling to buy from abroad, which led to the embarrassing situation that no one wanted to buy a large amount of steel, which was a great blow to the confidence of Chinese people at that time.

Later, since the founding of New China, all the iron ore raw materials of major steel mills were imported. The main iron ore exporters are Brazil and Australia, which means that we have to look at the faces of these two countries to a great extent. China made great efforts to gain the autonomy of iron ore pricing, but it was not until 2003 that China sat at the negotiation table of the association for the first time, just sitting there, unable to express any opinions.

Fortunately, the Long Association was finally abolished. In 20 10, due to the global financial crisis, the price of iron ore suddenly shrank many times, and Changxie finally lost its dominant position. At present, the price of iron ore is based on index pricing, but the capitalist countries that have controlled iron ore for a long time have not given up squeezing interests from China, and China's voice in pricing is still insufficient.

I hope that China will become stronger and stronger in the future, and one day it can win the hard bone of iron ore.