"Whether it's CVRD, or Australia's BHP Billiton and Rio Tinto, they did not return to the idea of ​​annual iron ore pricing, according to quarterly pricing is that the Big Three's true intentions, next year China imported iron ore steel enterprises in question still no right to speak. "north a large steel enterprises, told reporters. The official told reporters, now abroad, three miners have followed "Platts index" to sell iron ore to Chinese steel enterprises. The higher the index, the more expensive the price of iron ore. Only in China, nearly 150 furniture iron ore trading among qualified mills and traders, it is about 70% of companies purchased the "Platts index." Now China imported iron ore in steel prices, the import price is still higher than Japan and South Korea, the "Big Three reasons given China in 2014 did not reach a long-term agreement with the three major ore prices (annual price), and therefore can not enjoy and Japan and South Korea the same treatment. "the official said steel prices. CISA vice chairman Luo recently told reporters that the main industry in the domestic steel prices less than 70 billion yuan profit in the case, China imported iron ore in a steel enterprises will only pay more than 1500 yuan, the cost of raw materials up a tremendous impact on the industry. Quarterly pricing tasted the sweetness of Big Three "Because three miners have tasted this year, bringing annual pricing cancel the sweetness, so next year the annual price of iron ore prices back to almost no possibility." United Steel Net an analysis Shi said. Rio Tinto has recently made it clear to this reporter that there is no return to annual benchmark iron ore pricing mechanism program will continue execution quarterly pricing mechanism, not returning to the original annual pricing mechanism, due to quarterly pricing mechanism providing the market Iron ore prices clearest picture. It is understood that Rio Tinto iron ore from the beginning of April this year, the pricing mechanism by the annual pricing to quarterly contract pricing. BHP Billiton CEO Marius Kloppers recently in the company's annual general meeting once again said that despite the current problems of economic overheating in emerging markets for short-term challenges of greater economic growth, but the current supply and demand situation is very favorable for the company. In 2010 China's steel industry chain strategy development and investment summit, an iron ore trader surnamed Lu told reporters, BHP Billiton recently sold 90,000 tons through the tender Newman iron ore fines, cost plus freight, $ 171.5 per ton, rose about 52 percent this year rose by about 25%. Western Australia to China, according to the current average of $ 10.53 per tonne to calculate freight, iron ore FOB prices have reached $ 161.5 per ton, a record high this year. Some analysts believe that the first quarter of next year imports of iron ore spot prices and quarterly price or will continue to rise, China's steel enterprises have to accept this result. One side of the evidence is that in 63.5% of India's ore grade outer disk prices close to $ 170 per tonne, Australia powder (62% grade) prices reached $ 170 per tonne, Brazil meal price (65% grade) it reached $ 175 per tonne. The iron ore was stable, and there is no price trend.