"It is the state that sets the price of these products that will be sold, it's not some mafia ... no individual is going to come here and tell us the value of a product that belongs to all Venezuelans," Industry Minister Ricardo Menendez said last week during the launch of the new system.
With the new mechanism, Venezuelan is now selling its metals well above the international price, according to mining industry workers, though it is not immediately evident how the companies are establishing prices.
Right. Everyone in the entire world is going to buy Iron, Steel, Aluminum etc. from us, at the prices we say when they can get it much cheaper elsewhere.....
The industry ministry did not respond to requests for clarification.
I wonder why........
