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Southeast Asia Indonesia A man stands in front of a screen showing the Shanghai Composite Index outside a brokerage in Tokyo on Feb 3 The benchmark iron ore contract in Dalian fell by

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Hai Phan is an expert on mining metals and construction business in Vietnam and South East Asia He is the CEO of Ferominco since 2010 and most recently the chief representative of XCoal From 2001 to 2004 he worked as a senior executive for Mining Metals at the Bureau Veritas group covering Vietnam Thailand Malaysia Singapore and Indonesia

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May 18 2017· Iron ore prices for highvolume buyers used to be decided by oneyear contracts between mining groups and steelmakers But as Chinese spot purchases of the commodity grew a switch was made to

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DAVID EPSTEIN No longer at the centre Asia Society

years ago a shipload of iron ore was worth about the same as about 2200 flat screen television sets Today it is worth about 22000 flatscreen TV sets – partly due to TV prices falling but more due to the price of iron ore rising by a factor of six the general point is that high terms of trade all other

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BEIJINGSINGAPORE Chinas demand for iron ore pellets and highquality ore is expected to accelerate in 2020 as a result of Beijings push to shift dozens of steel mills to coastal regions in its

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