NDRC to take measures to strengthen iron ore price regulation

Recently, iron ore prices jumped sharply with many times of abnormal fluctuations.Asian Metal Copyright It will take in-depth investigations with relevant departments, strengthen supervision, severely crack down on illegal activities such as spreading false information, price pushing and malicious speculation, and find effective measures to ensure the stabilization of iron ore prices.Asian Metal Copyright Insiders think that the iron ore market saw stable supply and demand, but the inventory in China stayed at a high level and the prices rose too quickly which may be a result of speculation. 

The National Development and Reform Commission (NDRC) pays much attention to the price changes in the iron ore market. It will take in-depth investigations with relevant departments, strengthen supervision, severely crack down on illegal activities such as spreading false information, price pushing and malicious speculation, and find effective measures to ensure the stabilization of iron ore prices.

.Asian Metal Copyright Insiders think that the iron ore market saw stable supply and demand, but the inventory in China stayed at a high level and the prices rose too quickly which may be a result of speculationAsian Metal Copyright