Iron ore and graphite suppliers are going to raise prices

According to the Reuters agency, the hopes of suppliers of metallurgical raw materials for the growth of demand are related to messages coming from China. The growing indicators of domestic consumption and growth of the DPRK economy portend an improvement in world demand for iron ore raw materials and graphite from steel and cast iron manufacturers.

Prices for iron ore raw materials went up already at the end of this week. The traders began supplying supplies for the next two months, taking into account the expected increase in demand in China.

One of the Rory MacDonald iron ore suppliers said that "at present we are applying all efforts to deliver the cargo of raw materials to the territory of China until mid -January - February. It is necessary to have as much as possible before the Chinese New Year."

The largest world suppliers of metallurgical raw materials with satisfaction note the increase in demand for their goods that have been outlined after a long drop. "We expect a small jump in prices up after the Chinese New Year."

According to Chinadaily, the data of researchers from Baltic and International Maritime Council, Chinese demand for iron ore transported by the sea will grow 7.5%in 2013, primarily by continuing the policy of the Chinese government to increase investments in infrastructure projects, housing construction and engineering.

The Riverstem Group offers to purchase at the optimal price graphite GL-1 intended for steel production and for melting cast iron. Crystalline foundry graphite (GL-1,2,3) is made in accordance with 5279-74 GOST and is released by consumers in paper packaging weighing no more than 30 kg. On the site http://www.riverstem.ru you can leave an application for the purchase of graphite GL-1 and get acquainted with the catalog of the remaining offers from Riverstem.