After the rapid depletion of iron ore reserves for the largest consumers, the price of this raw materials increased by 9 percent over the past week. It is reported by Steelguru.
The presence of iron ore raw materials in warehouses in China over the past two months has decreased by 19 percent.
Nevertheless, traders buy iron ore with great caution, trying not to create surpluses, since economic uncertainty forces manufacturers to work on those resources that are already available.
Even those enterprises on which the stock of iron ore remains less than 15 days in a hurry to make purchases, considering the current price unreasonably high. Only a few manufacturers of steel who urgently need to replenish the reserves will accept new suppliers' offers.
Against the background of depletion of stocks, world prices for iron ore raw materials increased by 9 percent per week
|
Azovpromstal® 21 June 2013 г. 13:20 |
