China to import fewer iron ores from India

时间：2007-03-16 07:20:50

（单词翻译:单击）

Chinanews, Beijing, March 15 – According to China Minmetals Corp. China will gradually cut down the amount of iron ores imported from India.

 

On March 1, the Indian government announced that it would impose a tariff1 of 300 rubies2 per ton on iron ores, irrespective of their quality.

 

“There is no greater advantage of importing iron ores from India than from Australia or Brazil nowadays,” said Liu Zhengang, the director of China Minmetal Corp India subbranch. Liu pointed3 out that India's unreasonable4 tariff policy will force China to turn to other iron ore exporters.

 

In 2006 alone, 74.75 million tons of iron ores were imported from India (a little more than in 2005), taking up about 23% of all the iron ores imported.

 

India has never signed long-term contract with China on iron ore trade, thus it can get the maximum profit possible, as the prices of its iron ores can be changed at any time according to the changes in supply and demand.

 

"The quality of iron ores from India is not very good, so it takes quite a lot of time and effort to purify them. Actually no iron & steel enterprises in China take India as their major supplier,”added Liu.

 

India's tariff policy might be the first step for it to stop iron ores export in 5 years.

 
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1 tariff mqwwG     
n.关税，税率；(旅馆、饭店等)价目表，收费表
参考例句：
  • There is a very high tariff on jewelry.宝石类的关税率很高。
  • The government is going to lower the tariff on importing cars.政府打算降低进口汽车的关税。
2 rubies 534be3a5d4dab7c1e30149143213b88f     
红宝石( ruby的名词复数 )； 红宝石色，深红色
参考例句：
  • a necklace of rubies intertwined with pearls 缠着珍珠的红宝石项链
  • The crown was set with precious jewels—diamonds, rubies and emeralds. 王冠上镶嵌着稀世珍宝—有钻石、红宝石、绿宝石。
3 pointed Il8zB4     
adj.尖的，直截了当的
参考例句：
  • He gave me a very sharp pointed pencil.他给我一支削得非常尖的铅笔。
  • She wished to show Mrs.John Dashwood by this pointed invitation to her brother.她想通过对达茨伍德夫人提出直截了当的邀请向她的哥哥表示出来。
4 unreasonable tjLwm     
adj.不讲道理的，不合情理的，过度的
参考例句：
  • I know that they made the most unreasonable demands on you.我知道他们对你提出了最不合理的要求。
  • They spend an unreasonable amount of money on clothes.他们花在衣服上的钱太多了。

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