Iron Ore Market Report October 2015
2015-11-24 18:05:25 【Print】
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Iron ore market continued worsening in China with demand showing no improvement amid the oversupply
. Though China’s domestic iron ore output decreased slightly, the inventory of imported iron ore at ports kept increasing . Meanwhile, steel mills suffered great losses with steel prices dropping . Insiders are very optimistic about the market in the rest of the year and expect iron ore prices to keep decreasing in the coming months.