NEWS

Abstract: Many places across the country to pull the power limit, iron and steel enterprises have limited production and production, involving more than 80 enterprises, according to the current existing data estimates

After the three-day Mid-Autumn Festival holiday, the iron ore market seems to have changed?Chuseok falls on September 22, the first day after the holiday ends

China's iron ore grade is low, the cost of mining and selection is high, while the price of iron ore continues to slump, the competition with imported iron ore is weak, the profit is meager or even loss, and gradually exit and decline

[iron ore] yesterday, general refers to 2.55 dollars, businesses wait-and-see, cautious operation participants.Now qian 'an 66 grade mainstream resources, high titanium in 1020-1040

According to the latest data from the China Federation of Logistics and Purchasing, the global manufacturing PMI in August 2021 was 55.7%, down 0.6 percentage points from the previous month and down for three consecutive months

Since the beginning of 2015, iron ore began a long climbing journey, 2021 is the peak, in May this year, the main iron ore contract reached a historic high of 1358 yuan/ton

In recent years, China has obvious advantages in the traditional infrastructure field, known as the "crazy infrastructure", by the end of 2020, China's total length of high-speed rail reached 37,900 km

Recently, the rapid decline of iron ore prices has caused widespread concern among market participants

For a long time, China's import iron ore dependence is high, more than 80%, while spending a lot of foreign exchange to import iron ore every year.Especially in the last two years

The steel industry is in the low season of consumption,