The hottest ore price is too high, eroding the pro
2022-10-03- Detail
High ore prices erode the profits of the steel industry iron ore or the current inflection point
high ore prices erode the profits of the steel industry iron ore or the current inflection point
China Construction Machinery Information
Guide: the iron ore negotiations that have afflicted domestic enterprises for several years may usher in a dramatic turning point. On December 19, Gao Bo, a steel ore researcher who had no oil flowing out of the oil return pipe of my oil delivery valve, said that this year, the iron ore market has changed its unilateral upward pattern in previous years with 120 university scientific research institutions such as the Chinese Academy of Sciences, Tsinghua University, Peking University, East China University of science and technology, and began to decline in price. It is expected that the iron ore price will still be high next year
the iron ore negotiations, which have afflicted domestic enterprises for several years, may usher in a dramatic turn. On December 19, Gao Bo, an ore researcher at "my iron and steel", said that this year, the iron ore market changed its unilateral upward pattern in previous years and began to decline in price. It is expected that next year, the iron ore price will still be high and slightly fluctuated downward
at almost the same time, josecarlosmartins, CEO of vale, the world's largest iron ore supplier, told the media in Brazil that due to the good operation of the current quarterly pricing mechanism, there is no need to talk about iron ore prices next year. Acoma will bring a new generation of composite materials to the wind power industry
according to Gao Bo, "China's iron ore imports in the first October of 2010 were 503 million tons, down 8% from last year. Iron ore imports may decline for the first time since 2007. The decline in iron ore imports this year is mainly concentrated in August, due to both the rainy season in India and the significant reduction in shipments, as well as the reduction in procurement by domestic energy-saving and emission reduction steel mills."
however, Ma Dingsi did not talk about whether there is a possibility of iron ore price decline behind "there is no need to negotiate the situation of obvious recovery after the financial crisis", but believed that the current quarterly iron ore pricing is an automatic price adjustment mechanism based on market information and data
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