Home » China Iron and Steel Association: Strengthen iron ore market supervision in accordance with the law and firmly maintain market fairness and order_ Securities Times Network

China Iron and Steel Association: Strengthen iron ore market supervision in accordance with the law and firmly maintain market fairness and order_ Securities Times Network

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China Iron and Steel Association: Strengthen the supervision of the iron ore market in accordance with the law and firmly maintain market fairness and order

2022-02-11 21:12

Source: Securities Times e Company

Author: Lee Jae-san

Securities Times · e company

Lee Jae-san

2022-02-11 21:12

Securities Times e company news, according to the monitoring of the China Iron and Steel Association, some mining-related companies have violated business ethics recently, publishing and hyping false information, seriously disrupting the fair order of the market and harming the legitimate interests of market players. The Iron and Steel Association condemned it. Any behavior or participant that ignores the laws of the market and illegally interferes with the normal operation of the market should be corrected and the price should be paid for it. A stable and orderly market is conducive to the long-term interests of all parties in the industry chain, and needs to be jointly maintained by all parties. Mining enterprises must operate in good faith and perform contracts on time; relevant trading enterprises must operate in compliance with laws and regulations, and eliminate malicious speculation and hoarding; steel production enterprises must strengthen self-discipline, follow the principle of supply and demand balance, and grasp the rhythm of procurement. China Iron and Steel Association will continue to cooperate with relevant government departments to monitor the market, further strengthen analysis and research, and promote the balanced development of the industrial chain and the smooth operation of the iron ore market.

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.

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    China Iron and Steel Association: Strengthen the supervision of the iron ore market in accordance with the law and firmly maintain market fairness and order

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    e company

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    Lee Jae-san

    2022-02-11

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