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Shenli main product swing chain,iron chain.

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High iron ore imports continue to run high steel prices how to do

    The reason why iron ore imports to break through the historical record, mainly because: first, late last year after the end of energy conservation, a number of steel mills to resume production, the demand for raw materials back to normal, swing chain the procurement of iron ore enterprises to increase the intensity of ; second is due to market rumors in January by the Australian iron ore producers will flood the impact of the expected market prices for iron ore even more strongly.

    January iron ore imports hit a record high.

    January is traditionally the low season for the steel market, however, the steel market in January this year, but there is not short off-season phenomenon.

    14 February,iron chain data released by China Customs show that in January, China imported 68.97 million tons of iron ore, setting the highest record ever. My steel net 15 Xu Xiangchun Chief Information Officer in an interview with China Economic Times said that the data is completely contrary to his expectations, "did not expect to have such a high data."

    According to customs data, in January China imported 68.97 million tons of iron ore, an increase compared with 10,890,000 tons in December last year, an increase of 18% of the chain, an increase of 47.9%, a record amount of imports. Prior to this, China imported iron ore in the history of the highest data in September 2009, is 64.55 million tons.

    Xu Xiangchun analysts said, the reason for iron ore imports to break through the historical record, mainly because: first, late last year after the end of energy conservation, a number of steel mills to resume production, the demand for raw materials back to normal, increasing the iron ore business Stone's procurement efforts; the second is due in January caused flooding in Australia coking coal prices soaring, the market speculation that iron ore production will be affected by the floods, coupled with India's ore exports to increase tariffs on news, the market for iron ore price increases expected more strongly, the market appeared in January ahead of imports, hoarding phenomenon of iron ore.

    Business Productivity Promotion Center in the flow of steel from 15 analysts He Rong Liang told the China Economic Times interview that resulted in China's iron ore imports in January because of the sharp rise in iron and steel enterprises is not short off-season production, iron ore demand increase in imports of the same period last year driven, the chain of imports increased significantly.

    "In addition, the market will also keep stocks rise, coupled with China's traditional Spring Festival in February, the majority of enterprises to leave early for the procurement of iron ore in January." He Rong Liang, told reporters that international commodity prices, atmosphere of strong inflation, strong impact on the iron ore market. Recent international markets or larger copper and other metals, iron ore, steel prices also downstream products rose significantly. Atmosphere of inflation, resulting in the pursuit of market resources, increasing stockpile.

    Customs data also show that: China's iron ore imports in January this year, the average price of $ 151.4 per tonne, an increase 66.1%, import price after the August 2008 high.

    Why is not short off-season.

    Winter off-season has always been demand for steel, the same, steel mills generally corresponding increase in the maintenance, etc., to reduce production, but also for the needs of post-season preparation. But this year why not short off-season phenomenon?

    He Rong Liang, told reporters that the increase in steel stocks in this round, there is a special case, that is, since the second half of 2010, China's energy conservation and emission reduction, a large area around the power cuts, resulting in widespread lack of corporate operating rate season . In desperation, local steel mills have cut production arrangements for active or passive warranty.

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Zhejiang Pujiang Shenli Chain Co.,Ltd.Professionally manufacture swing chain,iron chain.