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Global iron ore prices continue downward trend-18th China(Guangzhou)Int¡¯l Non-Ferrous Metal£¨Copper£©Exhibition
6/6/2017 Copper exhibition -non-ferrous metals expo |
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It is understood that global iron ore production remained overcapacity, causing the price of iron ore to plunge this year, and traders expect prices to fall further as weak demand.
For big miners such as Vale, Rio Tinto and BHP Billiton indicated that the falling iron ore prices have made operations more difficult, as the iron ore market plunged 70% in the three years in three years.
Moreover, the iron ore prices continued to fall would affect which was not just a big producer, could also hit a small supplier, such as Iran, which raised its exports to China,
-18th China(Guangzhou)Int¡¯l
Non-Ferrous
Metal£¨Copper£©Exhibition
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