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Iron Ore Price is expected to Rise!

Index for #iron_ore reduced 2.9$ on Monday 26th August. This reduction is related to #Trump decision in order to increase tariffs (5%) on Chinese products and goods and the #Yuan_devaluation (-0.82%), causing #iron_ore_import to #China more expensive and decreasing iron ore demand. On the other hand China has reduced the limitations on #steel_mills for September…

iron ore supplier, iranian iron ore supplier, iron ore suppliers, iron ore for sale, iron ore wholesalers, iron ore suppliers in iran, iron ore

Latest Iron Ore News on August 17th 2019

  The weekly change of mineral’s price: Product Difference/MT Rhodium +6% Indian Galvanized Sheets +3.9% Indian Sponge Iron (DRI) +3.6% London Copper -0.6% PB -1.7% Concentrate -7.2% Pellet -8.2%   Costs to produce one MT of steel in China: The growth of iron ore price to over 125$ per MT has made the costs of…

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