Xiangtan Steel raised iron concentrates purchasing price by CNY 60 per tonne on December 5 2011, after than procurement price of 65% grade iron concentrates from Jiangxi province stands at CNY 1,090 per tonne, and that from Anhui province represents at CNY 1,320 per tonne.

Source: www.steelhome.cn/en, China steel information centre and industry database