iron ore import - Latest news GMK Center

In 10 months, these volumes reached a six-year high

This concerns the purchase of Jingbao fine ore from an Australian company

Iron ore imports are likely to exceed their historic high, while steel production will fall below 1 billion tons

Procurement was prohibited during the dispute between the parties, which lasted more than a year

China's CMRG and mining company held several unsuccessful meetings on terms of cooperation

Imports for the period decreased by 3.8% compared to June

JSW Steel became the largest importer in the period

Mining companies are forced to make concessions to buyers

Market participants do not predict further price increases

Investors and consumers fear further deterioration in trading conditions

So far, the changes have affected only low-grade products, but there are prerequisites for further price increases for the entire line

A decline in Chinese steel production and a reduction in imports have not led to a significant increase