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Chinese iron ore market hard to rise due to Tangshan limited production-The 20th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
8/20/2018 不锈钢展-不锈钢展会-效果最好的不锈钢展会- Stainless Steel Exhibition |
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Recently, the index price fluctuated and fell back. In addition, the trend of financial futures remained constant, iron ore was blocked, and merchants'' shipments were affected. From the perspective of mine operating rate, it was not much adjusted compared with the previous period.
The trend of the imported mine index has become stronger, and it has gradually approached the level at US$70/ton. The market was looking forward to a strong mentality, and the mining industry was highly motivated.
However, the impact from the environmental protection policy could not be ignored, and the short-term operating rate was unlikely to rebound. In the first two weeks, Chinese iron ore inventory decreased from last week to 152.9 million tons roughly. Last week, the North China market was environmentally limited and the port inventory continued to accumulate.
At present, the procurement situation of steel mills was relatively stable. It was expected that the port inventory would still decline this week. In the first two weeks, the blast furnace construction in Tangshan area was basically flat. It was expected that the operating rate of blast furnaces in Tangshan area would continue to fall to 56-57%.
不锈钢展-2019第二十届广州国际不锈钢工业展-效果最好的不锈钢展会-The 20th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
- Stainless Steel exhibition,2019
Stainless Steel exhibition, China Stainless Steel exhibition,
Guangzhou Stainless Steel expo,Guangzhou
Stainless Steel exhibition, 2019 Stainless Steel expo,
China Stainless Steel expo
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