巴西淡水河谷(Vale)和英澳矿商必和必拓(BHP Billiton)与日本和中国钢厂签署的协议,标志着已有40年历史的年度价格基准体系和漫长价格谈判的结束。
The deal by Vale of Brazil and Anglo-Australian BHP Billiton with Japanese and Chinese mills marks the end of the 40-year-old benchmark system of annual contracts and lengthy price negotiations.
这项动意的目的是在谈判中平衡海外矿工的力量,这其中包括巴西淡水河谷公司和英澳力拓有限公司以及必和必拓有限公司。
The move is aimed at creating a more balanced force in negotiations with foreign miners, including Brazil's Companhia Vale do Rio Doce and Anglo-Australian groups Rio Tinto Ltd and BHP Billiton Ltd.
目前,巴西淡水河谷以及英澳矿商力拓和必和必拓,正与以新日铁为首的日本钢铁企业启动它们所谓的年度“基准”谈判。
The move comes as miners Vale of Brazil and Anglo-Australian Rio Tinto and BHP Billiton start their so-called "benchmark" annual talks with steel companies in Japan, led by Nippon Steel.
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