메뉴 건너뛰기




Volumn 37, Issue 3, 2012, Pages 331-339

Chinese resource security policies and the restructuring of the Asia-Pacific iron ore market

Author keywords

China; Foreign investment; Iron ore; Price negotiations; Resource security; Steel industry

Indexed keywords

CHINA; CHINESE STEEL INDUSTRY; FOREIGN INVESTMENT; IRON ORE MARKET; OWNERSHIP STRUCTURE; PRICE DETERMINATION; PRICE NEGOTIATIONS; PRICING STRUCTURES; RAPID GROWTH; REGIONAL MARKETS; RESOURCE SECURITY; SECURITY POLICY;

EID: 84865593972     PISSN: 03014207     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.resourpol.2012.03.002     Document Type: Article
Times cited : (50)

References (66)
  • 1
    • 84865598766 scopus 로고    scopus 로고
    • The Age, Iron ore price train is coming to a stop, 14 March.
    • The Age, 2011. Iron ore price train is coming to a stop, 14 March.
    • (2011)
  • 2
    • 84865596857 scopus 로고    scopus 로고
    • Australian, Iron ore prices ready to roar, 15 January.
    • Australian, 2008a. Iron ore prices ready to roar, 15 January.
    • (2008)
  • 3
    • 84865596856 scopus 로고    scopus 로고
    • Australian, Angry Chinese call for a boycott of Rio's iron ore, 16 May.
    • Australian, 2008b. Angry Chinese call for a boycott of Rio's iron ore, 16 May.
    • (2008)
  • 4
    • 84865582406 scopus 로고    scopus 로고
    • Australian, BHP settles for Rio's iron ore price, 5 July.
    • Australian, 2008c. BHP settles for Rio's iron ore price, 5 July.
    • (2008)
  • 5
    • 84865582306 scopus 로고    scopus 로고
    • Australian, China next after Rio's iron deal with Japan, 27 May.
    • Australian, 2009. China next after Rio's iron deal with Japan, 27 May.
    • (2009)
  • 6
    • 84865582311 scopus 로고    scopus 로고
    • Australian, Bribes forced China to overpay for iron ore, 30 March.
    • Australian, 2010a. Bribes forced China to overpay for iron ore, 30 March.
    • (2010)
  • 7
    • 84865582416 scopus 로고    scopus 로고
    • Australian, Rio Tinto joins BHP, Vale in setting quarterly iron ore contracts, 9 April.
    • Australian, 2010b. Rio Tinto joins BHP, Vale in setting quarterly iron ore contracts, 9 April.
    • (2010)
  • 8
    • 84865582313 scopus 로고    scopus 로고
    • Australian, Iron ore prices to remain firm, says Macquarie analyst, 21 June.
    • Australian, 2011a. Iron ore prices to remain firm, says Macquarie analyst, 21 June.
    • (2011)
  • 9
    • 84865582413 scopus 로고    scopus 로고
    • Australian, China doubts dent iron ore price, 6 October.
    • Australian, 2011b. China doubts dent iron ore price, 6 October.
    • (2011)
  • 10
    • 84865596874 scopus 로고    scopus 로고
    • BHP Billiton, Annual Report 2009. Melbourne, BHP Billiton Group.
    • BHP Billiton, 2009a. Annual Report 2009. Melbourne, BHP Billiton Group.
    • (2009)
  • 11
    • 84865582307 scopus 로고    scopus 로고
    • BHP Billiton, Update on Iron Ore Price Negotiations-Media Release 15/09, 29 July 2009. Melbourne, BHP Billiton Group.
    • BHP Billiton, 2009b. Update on Iron Ore Price Negotiations-Media Release 15/09, 29 July 2009. Melbourne, BHP Billiton Group.
    • (2009)
  • 12
    • 84865582308 scopus 로고    scopus 로고
    • Bloomberg, Vale 'ready to explore' alternative iron-ore pricing, joins BHP, 8 May.
    • Bloomberg, 2009a. Vale 'ready to explore' alternative iron-ore pricing, joins BHP, 8 May.
    • (2009)
  • 13
    • 84865582309 scopus 로고    scopus 로고
    • Bloomberg, Rio workers obtained Chinese notes on ore talks, Herald reports, 10 July.
    • Bloomberg, 2009b. Rio workers obtained Chinese notes on ore talks, Herald reports, 10 July.
    • (2009)
  • 14
    • 84865582409 scopus 로고    scopus 로고
    • Bloomberg, China should cut foreign ore to one-third of needs, steel association says, 30 July.
    • Bloomberg, 2010. China should cut foreign ore to one-third of needs, steel association says, 30 July.
    • (2010)
  • 15
    • 84865598785 scopus 로고    scopus 로고
    • Bloomberg, Iron ore has longest slump since October, 16 February.
    • Bloomberg, 2012. Iron ore has longest slump since October, 16 February.
    • (2012)
  • 16
    • 84865582302 scopus 로고    scopus 로고
    • Caijing, Price hike exposes woes of China's steel industry, 18 April.
    • Caijing, 2005. Price hike exposes woes of China's steel industry, 18 April.
    • (2005)
  • 17
    • 84865598782 scopus 로고    scopus 로고
    • China Daily, Iron ore price negotiations still in lockup, 24 February.
    • China Daily, 2006. Iron ore price negotiations still in lockup, 24 February.
    • (2006)
  • 18
    • 84865582412 scopus 로고    scopus 로고
    • China Daily, Ministry rejects steel lobby proposal, 16 July.
    • China Daily, 2009. Ministry rejects steel lobby proposal, 16 July.
    • (2009)
  • 19
    • 84865596872 scopus 로고    scopus 로고
    • China Daily, Mills allowed to reach private deals with mining companies. CISA, 24 February.
    • China Daily, 2010. Mills allowed to reach private deals with mining companies. CISA, 24 February.
    • (2010)
  • 20
    • 84865582407 scopus 로고    scopus 로고
    • China Daily, CISA urges stockpiles of iron ore reserves, 25 February.
    • China Daily, 2011a. CISA urges stockpiles of iron ore reserves, 25 February.
    • (2011)
  • 21
    • 84865582301 scopus 로고    scopus 로고
    • China Daily, Iron ore monopoly may end by 2015, 25 March.
    • China Daily, 2011b. Iron ore monopoly may end by 2015, 25 March.
    • (2011)
  • 22
    • 84865582390 scopus 로고    scopus 로고
    • CSY, China Steel Yearbook 2001. Beijing, China Steel Development Research Institute.
    • CSY, 2001. China Steel Yearbook 2001. Beijing, China Steel Development Research Institute.
    • (2001)
  • 23
    • 84865582293 scopus 로고    scopus 로고
    • CSY, China Steel Yearbook 2010. Beijing, China Steel Development Research Institute.
    • CSY, 2010. China Steel Yearbook 2010. Beijing, China Steel Development Research Institute.
    • (2010)
  • 24
    • 85040705144 scopus 로고    scopus 로고
    • China stance helped limit iron ore price increase
    • 21 June.
    • Dow Jones, 2006. China stance helped limit iron ore price increase, 21 June.
    • (2006)
    • Dow, J.1
  • 25
    • 84865596868 scopus 로고    scopus 로고
    • Steel market braces for change
    • 14 February.
    • Dow Jones, 2010. Steel market braces for change, 14 February.
    • (2010)
    • Dow, J.1
  • 26
    • 84865582298 scopus 로고    scopus 로고
    • European Commission, Case no. Comp/M.2062-Mitsui/CVRD/Caemi (2001). Regulation (EEC) No. 4064/89 Merger Procedure. Luxembourg, Office for Official Publications of the European Communities
    • European Commission, 2001. Case no. Comp/M.2062-Mitsui/CVRD/Caemi (2001). Regulation (EEC) No. 4064/89 Merger Procedure. Luxembourg, Office for Official Publications of the European Communities.
    • (2001)
  • 28
    • 80051860968 scopus 로고    scopus 로고
    • Australia, trade policy and the global south: an odyssey over five decades?
    • Leaver R. Australia, trade policy and the global south: an odyssey over five decades?. Round Table 2011, 100(415):375-387.
    • (2011) Round Table , vol.100 , Issue.415 , pp. 375-387
    • Leaver, R.1
  • 30
    • 84865582299 scopus 로고    scopus 로고
    • London Metals Exchange, LME Steel Billet price graphs. Retrieved 7 September 2011, from
    • London Metals Exchange, 2011. LME Steel Billet price graphs. Retrieved 7 September 2011, from http://www.lme.com/steel/steel_price_graphs.asp.
    • (2011)
  • 32
    • 84865598779 scopus 로고    scopus 로고
    • Mining Weekly, BHP won't ink new iron-ore benchmark contracts. 11, February.
    • Mining Weekly, 2010a. BHP won't ink new iron-ore benchmark contracts. 11, February.
    • (2010)
  • 33
    • 84865582296 scopus 로고    scopus 로고
    • Mining Weekly, Iron-ore benchmark system must 'evolve'-Rio Tinto's Albanese, 1 March.
    • Mining Weekly, 2010b. Iron-ore benchmark system must 'evolve'-Rio Tinto's Albanese, 1 March.
    • (2010)
  • 34
    • 84865582297 scopus 로고    scopus 로고
    • National Development and Reform Commission (China), Iron and Steel Industry Development Policy. Retrieved 4 April 2011, from
    • National Development and Reform Commission (China), 2005. Iron and Steel Industry Development Policy. Retrieved 4 April 2011, from http://www.ndrc.gov.cn/zcfb/zcfbl/zcfbl2005/t20050719_52618.htm.
    • (2005)
  • 35
    • 84865598780 scopus 로고    scopus 로고
    • Organisation for Economic Cooperation and Development, Paris, OECD Steel Committee
    • OECD Steel Committee Presentation for the Council Working Party on Shipbuilding 2009, Organisation for Economic Cooperation and Development, Paris.
    • (2009) Presentation for the Council Working Party on Shipbuilding
  • 36
    • 84865596866 scopus 로고    scopus 로고
    • OECD, Current Situation of the Chinese Steel Industry. Retrieved 11 February 2011, from
    • OECD, 2006. Current Situation of the Chinese Steel Industry. Retrieved 11 February 2011, from http://www.oecd.org/document/10/1,3343,en_2649_34221_36807050_1_1_1_1,00.html.
    • (2006)
  • 37
    • 84865582400 scopus 로고    scopus 로고
    • Platts, Rio Tinto offers Q1 2011 iron ore lump 7.67% higher at $2.4824/DMTU, 13 December.
    • Platts, 2010. Rio Tinto offers Q1 2011 iron ore lump 7.67% higher at $2.4824/DMTU, 13 December.
    • (2010)
  • 38
    • 84865582401 scopus 로고    scopus 로고
    • Reuters, Baosteel confirms paying provisional ore prices, 31 August.
    • Reuters, 2009. Baosteel confirms paying provisional ore prices, 31 August.
    • (2009)
  • 39
    • 84865582292 scopus 로고    scopus 로고
    • Reuters, Rio Tinto to cut Oct-Dec iron ore price 13 pct, 7 September.
    • Reuters, 2010. Rio Tinto to cut Oct-Dec iron ore price 13 pct, 7 September.
    • (2010)
  • 40
    • 84865582397 scopus 로고    scopus 로고
    • Reuters, Rio Tinto moves towards monthly pricing contracts: report, 22 June.
    • Reuters, 2011a. Rio Tinto moves towards monthly pricing contracts: report, 22 June.
    • (2011)
  • 41
    • 84865582392 scopus 로고    scopus 로고
    • Reuters, Global miners seen keeping iron ore prices steady in Q4, 1 September.
    • Reuters, 2011b. Global miners seen keeping iron ore prices steady in Q4, 1 September.
    • (2011)
  • 42
    • 84865596864 scopus 로고    scopus 로고
    • Reuters, Rio Tinto cuts Q3 iron ore prices as spot drops-sources, 23 June.
    • Reuters, 2011c. Rio Tinto cuts Q3 iron ore prices as spot drops-sources, 23 June.
    • (2011)
  • 44
    • 70249147487 scopus 로고    scopus 로고
    • Rio Tinto, Rio Tinto Limited, Melbourne
    • Rio Tinto Annual Report 2009 2009, Rio Tinto Limited, Melbourne.
    • (2009) Annual Report 2009
  • 45
    • 84865582289 scopus 로고    scopus 로고
    • Rio Tinto, Rio Tinto Limited, Melbourne, 17 July 2009
    • Rio Tinto Shanghai Employees-Update 1. Media Release 2009, Rio Tinto Limited, Melbourne, 17 July 2009.
    • (2009) Shanghai Employees-Update 1. Media Release
  • 46
    • 84865582290 scopus 로고    scopus 로고
    • Rio Tinto, Rio Tinto Limited, Melbourne, 29 March 2010
    • Rio Tinto Shanghai Employees-Update 8. Media Release 2010, Rio Tinto Limited, Melbourne, 29 March 2010.
    • (2010) Shanghai Employees-Update 8. Media Release
  • 47
    • 84865596863 scopus 로고    scopus 로고
    • Media Releases. Retrieved 5 September 2011, from
    • Rio Tinto, 2011. Media Releases. Retrieved 5 September 2011, from http://www.riotinto.com/media/18435_media_releases.asp.
    • (2011)
    • Tinto, R.1
  • 48
    • 0023164236 scopus 로고
    • Long term contracts and market stability-the case of iron ore
    • Rogers C.D., Robertson K. Long term contracts and market stability-the case of iron ore. Resources Policy. 1987, 13(1):3-18.
    • (1987) Resources Policy. , vol.13 , Issue.1 , pp. 3-18
    • Rogers, C.D.1    Robertson, K.2
  • 49
    • 84865582395 scopus 로고    scopus 로고
    • Steel Guru, Iron ore price negotiations-China to forge united front, 1 November.
    • Steel Guru, 2008. Iron ore price negotiations-China to forge united front, 1 November.
    • (2008)
  • 50
    • 84865582396 scopus 로고    scopus 로고
    • Steel Guru, Stimulus plans-facilitating Chinese steel sector rejuvenation, 7 April.
    • Steel Guru, 2009a. Stimulus plans-facilitating Chinese steel sector rejuvenation, 7 April.
    • (2009)
  • 51
    • 84865582389 scopus 로고    scopus 로고
    • Steel Guru, Iron ore price negotiations-smaller Chinese mills ink deals, 25 June.
    • Steel Guru, 2009b. Iron ore price negotiations-smaller Chinese mills ink deals, 25 June.
    • (2009)
  • 52
    • 84865596861 scopus 로고    scopus 로고
    • Steel Guru, Iron ore price negotiations-Rio wants 20pct hike, 10 June.
    • Steel Guru, 2010. Iron ore price negotiations-Rio wants 20pct hike, 10 June.
    • (2010)
  • 53
    • 73649114884 scopus 로고    scopus 로고
    • Is iron ore priced as a commodity? Past and current practice
    • Sukagawa P. Is iron ore priced as a commodity? Past and current practice. Resources Policy 2010, 35(1):54-63.
    • (2010) Resources Policy , vol.35 , Issue.1 , pp. 54-63
    • Sukagawa, P.1
  • 54
    • 34547906404 scopus 로고    scopus 로고
    • Is the state-led industrial restructuring effective in transition China? Evidence from the steel sector
    • Sun P. Is the state-led industrial restructuring effective in transition China? Evidence from the steel sector. Cambridge Journal of Economics 2007, 31(4):601-624.
    • (2007) Cambridge Journal of Economics , vol.31 , Issue.4 , pp. 601-624
    • Sun, P.1
  • 55
    • 84865596858 scopus 로고    scopus 로고
    • Sydney Morning Herald, Butt out: China's hard line to Rudd, 17 July.
    • Sydney Morning Herald, 2009. Butt out: China's hard line to Rudd, 17 July.
    • (2009)
  • 56
    • 84865596859 scopus 로고    scopus 로고
    • Sydney Morning Herald, Oakajee funding facing crisis, 5 July.
    • Sydney Morning Herald, 2011. Oakajee funding facing crisis, 5 July.
    • (2011)
  • 57
    • 84865582391 scopus 로고    scopus 로고
    • Sydney Morning Herald, China turns cautious on Aussie iron ore projects, 8 March.
    • Sydney Morning Herald, 2012. China turns cautious on Aussie iron ore projects, 8 March.
    • (2012)
  • 58
    • 84865582282 scopus 로고    scopus 로고
    • The State-Business Nexus in China's Steel Industry-Chinese market distortions in Domestic and International Perspective
    • Munich. THINK!DESK China Research and Consulting.
    • Taube, M., in der Heiden, T., 2009. The State-Business Nexus in China's Steel Industry-Chinese market distortions in Domestic and International Perspective. Munich. THINK!DESK China Research and Consulting.
    • (2009)
    • Taube, M.1    in der Heiden, T.2
  • 59
    • 84865582285 scopus 로고    scopus 로고
    • U.N. Comtrade, UN Comtrade Database. Available at
    • U.N. Comtrade, 2011. UN Comtrade Database. Available at http://comtrade.un.org/db/.
    • (2011)
  • 60
    • 84865598771 scopus 로고    scopus 로고
    • UNCTAD, UNCTADStat Database. Available at
    • UNCTAD, 2011. UNCTADStat Database. Available at http://unctadstat.unctad.org/ReportFolders/reportFolders.aspx.
    • (2011)
  • 61
    • 84865582284 scopus 로고    scopus 로고
    • Vale, 2009 Annual Report. Rio de Janeiro, Vale, S.A.
    • Vale, 2009. 2009 Annual Report. Rio de Janeiro, Vale, S.A.
    • (2009)
  • 62
    • 84865582388 scopus 로고    scopus 로고
    • Vale, Vale explains prices for third quarter of 2010. Press Release, 1 June 2010. Rio de Janeiro, Vale, S.A.
    • Vale, 2010. Vale explains prices for third quarter of 2010. Press Release, 1 June 2010. Rio de Janeiro, Vale, S.A.
    • (2010)
  • 63
    • 79956325590 scopus 로고    scopus 로고
    • Resource nationalism or resource liberalism? Explaining Australia's approach to Chinese investment in its minerals sector
    • Wilson, J.D., 2011. Resource nationalism or resource liberalism? Explaining Australia's approach to Chinese investment in its minerals sector. Australian Journal of Internal Affairs 65(3), pp. 283-304.
    • (2011) Australian Journal of Internal Affairs , vol.65 , Issue.3 , pp. 283-304
    • Wilson, J.D.1
  • 64
    • 84865582283 scopus 로고    scopus 로고
    • WSA, various years. Steel Statistical Yearbooks. Brussels, World Steel Association.
    • WSA, various years. Steel Statistical Yearbooks. Brussels, World Steel Association.
  • 65
    • 84865598768 scopus 로고    scopus 로고
    • WTO, Trade Policy Review: China 2006. Geneva, World Trade Organisation.
    • WTO, 2006. Trade Policy Review: China 2006. Geneva, World Trade Organisation.
    • (2006)
  • 66
    • 84865598769 scopus 로고    scopus 로고
    • Chinese seek to invest, not dominate. Australian, 2 April 2009.
    • Zhang, J., 2009. Chinese seek to invest, not dominate. Australian, 2 April 2009.
    • (2009)
    • Zhang, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.