Sangang Minguang: Purchased iron ore can meet production needs
2020-12-24 17:07:16 [Print]
Sangang Minguang said recently that the price of imported iron ore rose sharply and is in flux, so its purchasing prices of the material changed accordingly
. The company usually maintains a moderate iron ore inventory to ensure stable production, and the iron ore purchased can meet the production needs at present . Making annual procurement budget and plan in advance, the company usually purchases iron ore in batches based on production plan and needs while maintaining a certain stable iron ore inventory, so as to reduce capital occupancy and price risk.