Industry News

China's iron ore prices may further high in future

Views : 218
Update time : 2020-06-05 20:49:29
According to the market in China, the iron ore prices have continued increasing currently, even touch the new high since August in 2019.

The main reason for the increasing trend in China of iron ore was caused by the short-supply, which caused the stock level to keep decreasing, and which almost touch the new low of recent 4 years.

In the forecast from the market, the market participants believed the price of iron ore would remain at a high level in the future because the production of steel might further increase due to the upcoming peak season.
Related News
Read More >>
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Dec .23.2024
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Aluminium prices rise across the board on SMM, defying previous week’s declining trend Aluminium prices rise across the board on SMM, defying previous week’s declining trend
Dec .23.2024
Aluminium prices rise across the board on SMM, defying previous week’s declining trend
World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024 World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024
Dec .23.2024
World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024
Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years
Dec .23.2024
Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years