CHINA REBAR: Sentiment bearish despite higher mill offers pushing up prices China import billet prices largely flat but sellers bullish Iron ore market on Chinese market holidays Alliance of Russian steelmakers to protect environment China Development and Reform Commission efforts to supply steel power
Iron ore prices on Friday, August 20, slightly retreated from the previous day's losses. But prices in the iron ore market are declining. However, demand from Chinese factories showed no sign of rising prices, and market participants were cautious. It seems that the cross-sectional growth of prices will not be sustainable.
It seems that in all commodity markets in the field of commodities in international exchanges, there is an agreement on falling prices. The steady decline in iron ore prices is evident in all markets. The difference between the price of iron ore in iron goods with a purity of 65% and iron products with a […]
Market movements in the marine iron ore pellet sector have caused the price of concentrate to fall further in the low trading on Friday. Following the weak demand and the downward trend in the futures market, the prices of iron ore and concentrate pellets in the week ending Friday, August 20 have had a significant significant decrease.
در ماه جولای سال جاری ، تولید سنگ آهن در چین به ۷۹٫۹۲۹ میلیون تن رسید که ۴٫۹ درصد نسبت به مدت مشابه سال قبل افزایش داشت. اما روند تولید ماهانه آن رو به کاهش بوده است. آمارها نشان می دهند که تولید سنگ آهن ماهانه ۹٫۰۴ درصد کاهش سطح تولید را در پیش داشته است
Overall, the East Asian hot and cold sheet market was accompanied by a drop in prices. On the other hand, due to the highly competitive offers of Hoa Phat Steel, buyers continue to choose domestic options instead of importing HRC from Russia. Sheet prices are a bit more favorable in domestic markets. Due to more flexible payment terms, there are attractive conditions for purchasing domestic shipments.
Iron ore trading has revived in East Asian markets with relative success. The 62% Fine Iron Ore Index traded in CFR format from Qingdao Port at $ 163.52 per tonne, up $ 1.45 from the previous day.