Because of different reasons like avoiding cheap selling and raw mineral selling, and to clarify the exact export volume, Iranian authorities decided to levy 25% duty on export of concentrates and pellets. The mineral’s producers who are active in steel industry and do not export iron ore, will not suffer from these new duties. While…
iron ore pellets
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…