It is reported that the three major mining companies due to the recent almost no supply in the spot market, Chinese steel mills casting their eyes on India. It also makes Indian Stone Tariffs a rapid rise in mineral prices, 63.5% grade Indian ore CIF USD 120/t higher than 62% already offer grade ore spot prices in Australia, almost equal to 65% of the grade of ore spot prices in Brazil .Believe that the steel prices in India increased export tariffs, India will once again push up the spot ore prices, steel mills in China bearing a severe test, while iron ore negotiations will also have a greater negative impact, India Spot price ore mine to a long association with the Australian Chinese ports have been $ 40 the price of the huge price difference.