掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Iron ore price leaps again

  • Tuesday, October 17, 2017
  • Source:ferro-alloys.com

  • Keywords:Iron ore
[Fellow][ferro-alloys.com] On Monday, the iron ore price made another leap higher despite a new report from the the World Steel Association predicting a slowdown in global demand going into 2018.

On Monday, the iron ore price made another leap higher despite a new report from the the World Steel Association predicting a slowdown in global demand going into 2018.

The Steel Index benchmark price for Northern China 62% Fe ore gained 4% to trade at $62.40 a tonne on Monday. Year-to-date iron ore has averaged just shy of $72 a tonne compared to $56.50 over the course of 2016.

The twice-a-decade gathering will determine the economic goals for the country and could have a significant impact on demand for metals and minerals

Global steel demand growth is expected to slow to 1.6% next year after a robust 2017 mainly as a result of strong expansion in China which forges as much steel as the rest of the world combined, the industry association said on Monday:

China’s steel demand is expected to increase by 3% in 2017, an upward revision over the previous forecast according to worldsteel, but the outlook for the 2018 remains subdued "showing no growth over 2017 as the government resumes and strengthens its efforts on economic rebalancing and environmental protection."

Worldsteel forecasts in 2018 global steel demand will reach 1.65 billion tonnes with demand excluding China pegged at 882 million tonnes, an increase of 3% in 2018 compared to this year.

More insights on the direction of metal prices should emerge from the 19th National Congress of the Communist Party of China which opens on Wednesday. The twice-a-decade gathering will determine the economic goals for the country and could have a significant impact on demand for metals and minerals as authorities continue to tackle the country’s pollution problems.

Data released over the weekend showed Chinese producer price inflation rose to 6.9% in September compared to a year ago. The main driver of higher factory gate prices have  been metals and minerals which have risen in response to resilient infrastructure spending, capacity cuts and speculation over future market tightness, Capital Economics said in a note.

China's iron ore imports constitute more than 70% of the global seaborne trade and customs data released last week show September cargoes arriving at the country's ports jumped to 103m tonnes, up 11% compared to a year earlier. September imports rose by 14.3m tonnes from August. The previous record of 96.5m tonnes was set in March this year.

  • [Editor:Wang Linyan]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 辽宁省| 紫阳县| 丰原市| 泽库县| 吴桥县| 鄢陵县| 叶城县| 和林格尔县| 阿拉善盟| 东台市| 浦城县| 嘉荫县| 梨树县| 庆云县| 娄烦县| 会宁县| 保山市| 乌海市| 万盛区| 巴彦县| 安塞县| 芜湖县| 雷州市| 陈巴尔虎旗| 通许县| 萨迦县| 泾源县| 宁波市| 南丰县| 泸州市| 金沙县| 湖南省| 鲁山县| 镇赉县| 新疆| 伊川县| 长宁县| 博罗县| 信阳市| 宣威市| 宁阳县|