South Korean steelmakers have urged their Japanese peers to join them in opposing price increases for iron ore and coal, after moves by the world's leading mining groups to switch to short-term contracts. About 50 government and industry officials from the two countries held their eleventh annual steel meeting in Tokyo where they expressed concerns about iron ore suppliers' move to drop a 40-year-old annual pricing mechanism in favour of shorter-term deals based on the spot market.
隨著全球幾大領先的礦業集團轉向短期定價合約，韓國鋼鐵企業已敦促日本同行加入自己的行列，反對鐵礦石和煤炭價格上漲。韓日兩國約50名政府及行業官員在東京舉行了第11輪年度鋼鐵會議。會上，他們對鐵礦石供應商的新舉措表示擔憂——礦商放棄使用了40年的年度定價機制，轉而支持基于現貨市場的更短期協議。
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