Industry News

China’s strong demand pushes iron ore price to increase

Views : 427
Update time : 2020-05-18 20:49:55
According to the market in China, iron ore prices had been supported by strong market demand.

Recently, Baowu Steel, the largest steelmaker in China, had shown its interest to invest overseas’ mine with domestic or foreign partners, to get more control right of the raw material supply.

Currently, the shipment of iron ore in China was keeping strong in both supply and demand, and the output of steel also kept resuming gradually.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar