The hottest port is piled up like a mountain, and

2022-09-30
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The port piled up like a mountain of iron ore market cooling trend is obvious

the port piled up like a mountain of iron ore market cooling trend is obvious

China Construction machinery information

Guide: the impact of China's economic growth slowdown is increasingly prominent. At present, the price of iron ore has fallen to about $132/ton, down about 32% from the historical peak of nearly $200/ton set in early 2011. BHP Billiton, the world's largest mining company, predicts that as the construction cycle tends to

the impact of China's economic slowdown has become increasingly prominent. At present, the price of iron ore has fallen to about $132/ton, down about 32% from the historical peak of nearly $200/ton set in early 2011

BHP Billiton, the world's largest mining company, predicts that "as the construction cycle matures", raw materials such as iron ore and steel will be affected earlier. By 2025, when China's per capita GDP reaches the level of 20000 US dollars, the proportion of consumption of these two commodities in GDP is likely to reach a peak

in the iron ore storage yard of Qingdao Qianwan port, hundreds of yellow, brown and gray iron ore hills are piled up in the corner of the port, with tens of millions of tons. In the past, these iron ores meant a lot of money, but now they have become a big trouble for Qingdao port. These iron ores are usually bought by traders or ordered by steel mills. However, with the decline in the functional price of Jinan gold testing bending and compression tester products and the reduction in demand for iron ores, many steel mills are unwilling to honor the contract, and traders can't find a next home to take over, so they can only let the iron ores pile up in the port

according to the data released by China Iron and Steel Industry Association, as the world's largest steel producer, the growth rate of China's steel demand slowed down to 8% in 2011, and the maximum force exerted by penetrating the gasket can be recorded to slow down to 4% in 2012. The decline in steel production has directly affected the demand for two major bulk commodities for steelmaking - iron ore and coking coal

according to the profit statement of steel enterprises in the first quarter of this year released by China Iron and Steel Association, China's steel industry surprised the whole industry with losses in the first quarter of 2012. This is the first time that the whole industry has suffered a loss since 2000

"the steel industry now has serious overcapacity, and our profit margin has fallen from the highest 10% before 2008 to less than 0 now." A person in charge of Jinan Iron and steel revealed that in June, the steel market will undergo a brutal de stocking process, and the problem faced by Jigang has changed from "how to eat well" to "how to eat full"

more and more small and medium-sized steel mills choose to cut output and reduce the purchase of iron ore. "Many small and medium-sized steel mills have closed their steelmaking furnaces and lost money in production. If they do not produce tensile samples of materials, they will also lose money because of machine losses." Liuyukun, chairman of century Ruifeng, said that this situation makes many small steel mills hardly reserve iron ore, but buy as much as they use. "Buy up or not" has also become the main psychology of many steel enterprises. "In the past, they all bought one month's quantity, but now they are unprepared for one week's quantity." This is also one of the main reasons for the accumulation of iron ore in the port

relevant reports the effect of the iron ore spot trading platform remains to be seen

the China iron ore spot trading platform promoted by Beijing international mining rights exchange, China Iron and Steel Industry Association and China Minmetals chemical import and Export Chamber of Commerce has officially started operation on May 8. On the surface, this platform has gathered three major international mines and large domestic steel mills, but the actual effect of the platform operation remains to be seen

some steel makers have made no secret that the success of the spot trading platform still depends on the mine. Chinese traders and steel mills are in a strong wait-and-see mood towards the spot trading platform. Everyone said that the trading volume was very important, but when asked how much goods they were going to put on this platform, the answer almost always depended on the situation after the platform began to run. The large steel mills with Changxie mine in their hands said that this platform must be attractive first. Traders have to face a new trading mode. There are still questions about whether small and medium-sized steel mills without import qualifications can easily and cheaply buy goods on the platform

it has first-rate technology and good reputation in the industry

in the stage of platform launch, China Steel Association and China Minmetals chamber of Commerce have played a very important role, but when the platform really wants to enter the market, the situation is much more complex. China's iron ore imports still have many traces of plans and the situation of enjoying planned dividends, and it needs time to observe the extent to which mines can shift from a bidding mode that is conducive to them to a spot trading platform with potentially unstable shipments

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