Monthly Iron Ore Market Report Dec 2017

Iron ore market was generally in good performance in December despite of the continual restricted production of steel mills in North China.Asian Metal CopyrightIron ore market was generally in good performance in December despite of the continual restricted production of steel mills in North China.Asian Metal Copyright High prices and profits of downstream steel products were pushing steel mills to purchase actively in the month when the cold winter was hampering domestic iron ore production in the meanwhile.Asian Metal CopyrightIron ore market was generally in good performance in December despite of the continual restricted production of steel mills in North China.Asian Metal Copyright The Christmas and New Year holiday also supported prices of imported iron ore fines with suppliers mostly absent from the market though delivery continued even during the holiday.Asian Metal Copyright The Christmas and New Year holiday also supported prices of imported iron ore fines with suppliers mostly absent from the market though delivery continued even during the holiday.Asian Metal Copyright Insiders are mostly not very optimistic about downstream steel market as it comes to the end of the year when construction in many areas especially in the North provinces almost halts totally.Asian Metal Copyright It is very likely that the retreating prices of steel products would push downward iron ore prices accordingly in January.Asian Metal Copyright It is very likely that the retreating prices of steel products would push downward iron ore prices accordingly in January.


.Asian Metal CopyrightIron ore market was generally in good performance in December despite of the continual restricted production of steel mills in North ChinaAsian Metal Copyright