Increase in iron ore prices supported by increased demand after import restrictions ~ Iron News

Sunday, February 4, 2018

  • February 04, 2018





Iron ore prices have risen as a result of China's restrictions on imports of high-quality and less polluting materials, which have supported demand as part of China's environmental clean-up efforts, which allowed the factories to achieve maximum steel production. During the daily circulation, future iron prices on the Dalian commodities exchange rose 5.5 percent, and were higher during the month, while the immediate price of iron ore rose by 3.1 percent last week, to a price of 71-50 dollars. November November, although China has sought to reduce pollution by cutting steel supplies this winter, which has affected the total consumption of crude iron, it only supports the demand for higher quality materials due to its efficiency in use, with expectations of increased demand for iron ore in the year Next, where high profits encourage steel factories to increase production. Numbers
 


Google Ads

Popular Posts

Recent Posts

Recent Posts Widget