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　　Indian ore is rare in China's imports of iron ore spot trading ore and iron ore exports to Japan, Korea and other countries, India has adopted a "long-term agreement".
　　
　　In 2007, India's exports to China iron ore prices rose as high as 127.96 percent, the highest in the country first of all iron ore exports. April 28, Luo on behalf of the China Steel Association released a strongly worded report analysis of India's exports to China iron ore prices.
　　
　　In his report, pointed out that, compared to mine in Brazil and Australia, the Indian ore with low grade, high prices, price increases speed. Indian iron ore price is relatively high, both China and India should be "long-term agreement" to promote Indian ore prices return to the rational.
　　
　　Luo analysts believe that Indian iron ore exports to China iron ore prices in the presence of moisture. For example, India's exports of iron ore prices in 2007 rose 2.1 times that of Australia, which is 1.33 times that of South Africa. South Africa geographical distance away, iron ore grade is better than India, India's iron ore price increases over South Africa, is not reasonable.
　　
　　The domestic steel business representatives told reporters that the domestic iron and steel enterprises imported iron ore to India is a "love-hate relationship": domestic small and medium-sized iron and steel enterprises do not have the status of negotiations with BHP Billiton's iron ore exports giant, so only from the market buy stock to meet the demand for iron ore, Indian iron ore type, grade range, suitable for domestic small and medium-sized iron and steel enterprises in a variety of Indian iron ore to alleviate domestic demand for iron ore tensions played a role. Indian iron ore price increases follow the trend of the international iron ore long-term agreement price, the spot iron ore prices over the long-term agreement price nearly doubled. Indian iron ore spot prices pushed up, to make a long-term agreement suppliers dissatisfaction with the low-cost supply of iron ore Dan Xinsheng, further prompted to raise the price of iron ore exports to China.