Iron Market Report May 2015

Iron ore price stayed firm in May and iron production cost was high but with downstream markets entering off season, iron prices were pressed to drop further.Asian Metal CopyrightG.Asian Metal Copyright Because of the continual environmental stress, more iron producers were forced to halt production early the month and more end users returned to the market for fear the supply suffered much, iron producers managed to decrease their inventory level of S.Asian Metal Copyright cast iron and even raised their prices slightly as a result.Asian Metal CopyrightG.Asian Metal Copyright Cast iron supply stayed low and the price was relatively stable in the month while iron producers were selling from hand to mouth lest the inventory increased.Asian Metal Copyright cast iron and even raised their prices slightly as a result.Asian Metal CopyrightG.Asian Metal Copyright However, due to no support from the demand side, the price dropped again late the month.Asian Metal Copyright However, due to no support from the demand side, the price dropped again late the month.Asian Metal Copyright Cast iron supply stayed low and the price was relatively stable in the month while iron producers were selling from hand to mouth lest the inventory increased.

.Asian Metal CopyrightGAsian Metal Copyright