Traded iron ore market downturn trend is hard to change, "light"

10 domestic iron powder market downturn trend is hard to change, volume was light. North Powdered Iron stable operation of the market is weak today, closing short, tight led light power supply. Tangshan is currently 66% wet basis Powdered Iron does not tax the factory 1060-1070 yuan / ton. Northeast iron powder market continued weakness recently, Ling purchase price of steel down again 40 yuan / ton. East, South region iron powder market is still stable and weaker.

ore imports fell to control the depth of the market situation, steel mills and traders to stop purchasing, wait and see. As time progresses, the cosmetic bag has stabilized the illusion was broken, external disk market in imported ore mines under pressure from the tender price, the price is more or more deep. India mines the price of the tender in two Rio under pressure, gradually joined the ranks of the tender, the latter part of the market supply pressures, the market is difficult to reverse the downward trend in the short term. As the downstream steel market weakness and the financial side of the tension has not been effectively improved, steel mills, mostly in the inventory cost of raw materials 2011 sonata dvd, steel prices fell under pressure from many different levels of loss, combined with sluggish sales, steel inventory also on the rise, the Festival has been affected by the procurement and replenishment intention traders and steel mills then chose to suspend the procurement and to wait and see.

shipping market for the sixth consecutive day of gains, iron ore shipping activities slowed down resulting in a narrow LED ceiling light or trend. Asian iron ore and coal import demand will remain stable outlook. With the end of the rainy season in India, the West Bank increased shipments, shortages ship Panama, sea freight affected slightly. (This article Source:high efficiency LED transformer )