China's iron ore prices rising stably

At present, the price of iron ore in China is rising steadily, and steel mills are more cautious in purchasing. Basically, steel mills mainly consume inventories. It was expected that the Chinese mining market will maintain a strong operation in the short term. 

The market’s demand for pig iron has increased, but the market’s acceptance of high pig iron prices is low, so price increases will also be difficult. 


In addition, the trend of scrap steel prices is also the same. It was expected that China's scrap steel market will continue to operate towards a good trend, and some areas will remain stable and wait and see.

Previous Page：October and November steel price trend
Next Page：Vietnam initiates AD reviews on color coated steel & cold-rolled stainless steel

BROWSE SIMILAR INDUSTRY NEWS