Iron Ore Market Report April 2015

Iron ore market witnessed the largest increase in the near three years.Asian Metal Copyright The sales performance of steel products was not that pleasant and this did not provide support to the iron ore market.Asian Metal Copyright In the first half of the month, both Chinese-origin and imported iron ore prices dropped.Asian Metal Copyright Even in some places, steel mills continued to lower purchase prices.Asian Metal Copyright In the second half, some big iron ore mines in foreign countries stopped production and the operating ratio of steel mills went up slightly.Asian Metal Copyright The sales performance of steel products was not that pleasant and this did not provide support to the iron ore market.Asian Metal Copyright As a result, imported iron ore prices began to head up.Asian Metal Copyright Even in some places, steel mills continued to lower purchase prices.Asian Metal Copyright However, the bullish market did not push up Chinese-origin iron ore market and most regions still saw stable markets.Asian Metal Copyright The sales performance of steel products was not that pleasant and this did not provide support to the iron ore market.Asian Metal Copyright Even in some places, steel mills continued to lower purchase prices.Asian Metal Copyright In the second half, some big iron ore mines in foreign countries stopped production and the operating ratio of steel mills went up slightly.Asian Metal Copyright The sales performance of steel products was not that pleasant and this did not provide support to the iron ore market.Asian Metal Copyright In the second half, some big iron ore mines in foreign countries stopped production and the operating ratio of steel mills went up slightly.Asian Metal Copyright Consequently, iron ore market is expected to be weak next month.
.Asian Metal Copyright However, the bullish market did not push up Chinese-origin iron ore market and most regions still saw stable marketsAsian Metal Copyright