Title :
An economic analysis of international iron ore pricing mechanism and its development
Author :
Li, Li ; Zhaoju, Zou
Author_Institution :
Sch. of Law, Politics & Trading, Chongqing Univ. of Sicence & Technol., Chongqing, China
Abstract :
Recently, the international iron ore price increases dramatically, so we use the economic ideas to analyse the iron ore pricing mechanism. The finding is that the pricing of international iron ore will go three direction: bilateral monopoly, Union and vertical integration, and ultimately to the development of vertical integration.
Keywords :
international trade; iron; minerals; monopoly; pricing; bilateral monopoly; economic analysis; international iron ore pricing mechanism; vertical integration development; Companies; Iron; Monopoly; Pricing; Steel; Supply and demand; Import; Iron ore; Pricing;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5920547
