Iron Market Report September 2015
2015-10-27 14:30:15 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Iron market continued the low performance in September when downstream casting plants showed no improvement
. Meanwhile, most iron producers suffered from high inventory and sales pressure . Iron ore prices stayed firm in the month as domestic producers became reluctant to sell cheap due to low profits; and the high cost supported iron price a bit but failed to help promote sales . Insiders are still pessimistic about the market in the coming months when the manufacturing industry in China is facing decreasing orders.