China is the largest iron ore importing country,and the iron and steel enterprises have been being under heavy cost burden without the control of the import price of iron ore. With the increasing output of the iron and steel enterprises,the demand for iron ore is higher and higher. However,the international price volatility of iron ore has great influence upon the management of the iron and steel enterprises and iron ore enterprises in China,so it is necessary to analyze such an influence and the primary cause of the price declining of iron ore. Moreover,based on the analysis,this paper gives two suggestions to the development of the iron and steel enterprises.
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