Research on the Cost Analysis and Competitive Strategy of Iron Ore in China

In China,iron ore plays an important role in national economyd evelopment,but domestic ore locates at an inferior position in the international market because of poor resources endowment,relatively backward utilization technology and high processing cost.Through comparison of the cost of domestic iron ore the imported ore,the development trend of total cost during processing the domestic ore and relevant influence factors was discussed initially.Meanwhile,the cost competitiveness of domestic ore and imported ore was also analyzed.Finally,the countermeasures about building long-term cost competitive advantage were put forward to further reduce the cost,enhance the market competitiveness and guarantee the strategic security of national steel industry.