Iron Ore Market Report March 2015
2015-04-13 14:11:40 【Print】
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Steel mills in Linyi, Shandong were forced to stop production at the beginning of this March as they did not reach the requirement of environmental protection
. This issue became a hot topic and environmental protection kept influencing the market in the whole month . Consequently, steel production volume decreased and steel prices headed up as demands increased slightly with the warming weather . This even pushed iron ore prices to go up a bit . However, demands for iron ore were still weak and the bullish steel market failed to keep on . In general, iron ore prices dropped largely this month.