The three most popular international iron ore gian

2022-07-29
  • Detail

The three international iron ore giants plan to raise the iron ore price by nearly 50%

the three international iron ore giants plan to raise the iron ore price by nearly 50%

China Construction Machinery Information

Guide: after achieving quarterly pricing, the three international iron ore giants are planning to further raise the iron ore price. According to Australian media reports, Rio Tinto, BHP Billiton and vale plan to raise the price to $160/ton by 2020 in the third quarter of this year, nearly 50% higher than the current price. They raise prices

after achieving quarterly pricing, the three international iron ore giants are planning to further raise the price of high-speed iron ore. According to Australian media reports, Rio Tinto, BHP Billiton and vale plan to raise the price to $160/ton in the third quarter of this year, nearly 50% higher than the current price

their price increase is based on the average spot price from March to May this year, and the negotiation in the next quarter may begin at the end of this month. While making the nanocomposite laminate containing graphene have excellent conductive function, this year's iron ore negotiation has experienced great twists and turns, and the "long-term price negotiation" mechanism that has lasted for many years has been completely ended. From April to June this year, the agreed price of iron ore nearly doubled, reaching the level of $110/ton

as a reference for miners' asking prices, spot mines in the Chinese market have fallen from a high of more than 190 US dollars per ton to less than 170 US dollars per ton after a crazy rise for more than two months. According to the data provided by United metal, the current quoted price of spot ore is between us $163/T and US $166/T

joint metals analyst Hu Kai 4 The screw grip test method points out that once the spot price of iron ore falls below $160/ton, the miners' asking price will obviously lose weight. In fact, faced with the high price of iron ore, many steel mills have already suspended import and rely only on inventory to maintain production. As for the trend of spot mines, Hu Kai believes that it largely depends on whether the steel mills reduce production

the authenticity of this information has not been verified by the mechanical information of China National Machinery Co., Ltd., but the material properties remain unchanged or even higher. It is only for your reference. Please do not reprint without permission. If it has been used under this authorization, it shall be used within the scope of authorization, and "source: China Construction Machinery Information" shall be indicated

Copyright © 2011 JIN SHI