Chunduru Associates

For shipment call +91-8392-245034

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We are mandates for 3 mines at Bellary Hospet sector where we have deployed our mining machinery and ...
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We along with our Associate offer various C&F port related services at Mangalore, Chennai, Kakinada, Vizag, Belkari & Karwar Ports...
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Chunduru Associates was founded in the year 2003 by Shri. C.A. Rajashekar and group of professionals and technocrats and have been in the business of handling bulk cargos for various clients in the Iron Ore and construction sector. The promoters have outstanding Logistic Support Services, C&F services, Handling services at Major Railway Terminals and also experience in C&F services, Logistic Support at various Ports.

Chinese steelmakers and Indian iron ore producers will try to negotiate iron ore prices based on long-term supply and demand rather than spot market prices within this year, the China Business News reported, citing a industry association official.

Luo Bingsheng, vice president of the China National Iron and Steel Association (CISA), said during a China-India iron ore summit that domestic steelmakers should ally as soon as possible to start price talks with Indian iron ore producers.

He suggested that the two parties negotiate the price once a year, the newspaper said.

China's steelmakers currently purchase Indian iron ore based on spot market prices, which can be very volatile.