Since its first iron ore shipment to China in 1973, Rio Tinto has supplied China with more than 3.5 billion tons of high-quality iron ore.

The company signed a cooperation agreement with Xinjiang Bayi Iron and Steel at the fourth CIIE in 2021 to provide the latter with approximately 4 million metric tons of iron ore worth $460 million this year.

The location of the second planned mill has not been announced.

Vietnam spent nearly 10.3 billion U.S. dollars importing roughly 9.8 million tons of steel and iron in the first 10 months of this year.

The company, also known as China Energy, has signed with 40 companies from 18 countries and regions for contracts worth $2.5 billion (17.9 billion yuan) during the fifth CIIE.

The 2211 ferrosilicon contract price on ZCE closed at 8370 yuan per ton on November 8.

High carbon ferrochromium Tender Information in November, 2022 (Nov 8, 2022).

Medium carbon ferrochromium Tender Information in November, 2022 (Nov 8, 2022).