The inflection point of the hottest iron ore suppl

The inflection point of iron ore supply and demand shows that there is uncertainty in both supply and demand

the inflection point of iron ore supply and demand shows that there is uncertainty in both supply and demand

China Construction machinery information

Guide: this year, the demand and price of iron ore are generally high, and the consequence is that the profit space of iron and steel enterprises is seriously swallowed. Statistics show that from January to October this year, China imported 557.9344 million tons of iron ore, an increase of 54.6349 million tons over the same period last year, an increase of 10.86%, 1 to 10

this year, the demand and price of iron ore are generally high, and the consequence is that the profit space of iron and steel enterprises has been seriously devoured

statistics show that from January to October this year, China imported 557.9344 million tons of iron ore, an increase of 54.6349 million tons over the same period last year, an increase of 10.86%. From January to October, the average CIF price of imported iron ore was $166.66/ton, an increase of $42.59/ton over the same period last year, an increase of 34.33%

"the doubling of international iron ore prices makes imported iron ore account for about 50% of the total cost, and the profits of enterprises have been compressed again and again." The person in charge of the relevant steel enterprises said when talking about the rise in iron ore prices this year

statistics show that in the first half of this year, Vale achieved a profit of 13.28 billion US dollars and BHP Billiton achieved a profit of 13.08 billion US dollars, both of which exceed the safety protection of China's steel experimental machines and the total profits of the iron industry in many situations of insulating layer devices. "This situation is extremely unreasonable, which completely violates the basic requirements and principles of 'win-win' between iron ore suppliers and buyers. This unreasonable situation should be completely changed." Luo Bingsheng said at the 9th China steel industry chain strategic development and Investment Summit

in addition, the three major foreign ore producers are also comprehensively increasing investment to significantly improve production scale and output. Luo Bingsheng analyzed that for a long time, the demand for imported iron ore in countries and regions that mainly import iron ore has basically remained stable, and it is impossible to have a significant increase. India has an arrangement to increase steel production, and plans to expand the production scale of mines at the same time. The required iron ore is mainly supplied domestically; The main factor affecting the global iron ore shipping is the demand of China, which can design different fixtures according to different samples and experimental methods

Zhang Jiabin, a joint metals analyst, pointed out that iron ore prices will change more frequently in 2012, but the range of price changes will narrow, and the overall price will show a slow downward trend

"it can be predicted that the supply and demand situation of iron ore will change in the next two years. It is difficult for the international iron ore market to return to the situation of crazy rise, although the three mines vigorously promote index pricing." Zhang Jiabin said

according to the prediction of relevant parties, there will be an inflection point of supply exceeding demand around 2013. However, due to the uncertainty of both supply and demand sides, the emergence of inflection point is also uncertain, but this change is bound to occur