Sources say Rio Tinto has not given up the quarterly pricing model for iron ore

According to reports on March 29, Rio Tinto will abolish the quarterly pricing of iron ore and change it to monthly pricing. The official reply of the company to the “First Financial Daily” was “no comment”. However, according to people close to Rio Tinto, Rio Tinto did not intend to abandon the quarterly pricing model. On the same day, it was reported that Rio Tinto will gradually implement a new mechanism for monthly adjustment of iron ore according to market demand. The quarterly adjustment mechanism that began in April 2010 will be abolished. The report said that Rio Tinto hopes that the price of iron ore can change with the market demand at any time, and the company will sign a short-term supply agreement to compress long-term supply agreements as much as possible.   Prior to this, BHP Billiton among the three major iron ore giants has already planned to abandon quarterly pricing and implement a monthly pricing model, while the other two Vale and Rio Tinto have been insisting on the quarterly pricing model since April last year. The above-mentioned people close to Rio Tinto said that Rio Tinto has been looking for an iron ore pricing mechanism that reflects the relationship between supply and demand and the interests of both the supply and demand sides. The quarterly pricing model has been implemented very well since its implementation last year, and there has been no breach of contract. Phenomenon, and steel mills are not inclined to use a shorter-term pricing model.  

Flush Mount

A Flush Mount is a type of Lighting Fixture that is installed directly onto the ceiling, with no gap between the Lighting Product and the ceiling surface. This type of Home Decorative Lighting is typically used in rooms with low ceilings, as it takes up minimal space and provides a clean, streamlined look. Flush Mount fixtures come in a variety of styles and sizes, from simple and understated to ornate and decorative. They are often used in hallways, bedrooms, and other areas where overhead Indoor Ceiling Light is needed.

Different places require different lighting effects and light source types. When choosing a ceiling lamp, it should be selected according to the actual situation of the place where it is used.

Consider the height of the room: For places with high heights, it is advisable to choose ceiling lights that can be adjusted in height and orientation to ensure illumination.

Pay attention to the quality and brightness of the light source: Choosing the right light source quality and brightness is an important factor in ensuring the health of your vision. When choosing a ceiling lamp, you should pay attention to choosing a light source with good quality and moderate brightness.

Consider the decoration style: The exterior design and color of the ceiling lamp should be in harmony with the decoration style of the room to ensure the overall beauty and comfort.

Flush Mount, Flush Mounts, Flush Mount Lighting, Flush Mount Light, Led Flush Mount,Led Flush Mount Light,Flush Mount Ceiling Lamp

Zhengdong Lighting Co., Ltd. , https://www.sundint.com