The BLLOMBERG agency reported that iron ore with iron content 62% costs today in the Chinese port of Tianjin $ 150 per dry ton. This is the highest price since October 2011. In just a week, the price of iron ore raw materials rose by 8%.
Experts of the steel market predict that the current price level is “ceiling” and already in the first quarter of 2013, the price of iron ore will return to the mark of 130 dollars per ton and further up to 120 dollars in subsequent months.
"A steady improvement of demand from China and the instability of steel markets in other countries created the conditions for Chinese metallurgists under which they can work at the already acquired raw materials, experts say.
Iron ore grew in price by another 8% per week
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Azovpromstal® 4 January 2013 г. 12:10 |
