SPCC_SD
SL_250Y_4D_SL_330Y
S50CM
ASTM_A684_1065MOD_1070
SK85M
SILICON_ELECTRIC_STEEL
SECC
 
 
     
  4/3/2010  
  Eurofer, ORGALIME complain about iron ore price up

 

     
  European Confederation of Iron and Steel Industries (Eurofer) and ORGALIME complain about the 80 percent increase in iron ore price.

European Union is required to investigate on the price hike and the distortions of competition by European steel industry and steel consumers.

According to Eurofer and ORGALIME, a fair right to get iron ore source by competitive price is crucial for the development of manufacturing industry and the recovery from the global financial crisis.

Besides, the irrational pricing will lead to an adverse effect on the whole industry and unemployment.

Orgalime is the European Federation of National Industrial Associations and represents the European mechanical, electronic and metal articles industries.