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.
Please contact us for a subscription.
Please contact us for a subscription.
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.
