Domestic iron ore prices continue to rise, resulting in higher import costs
At present, domestic iron ore prices continue to rise, bringing high economic benefits to the mine owners, but also bring more development opportunities to the development of magnetic separation equipment enterprises in domestic mining and mineral processing equipment enterprises. At present, the domestic iron ore import mine output is added year by year. Since 1985, China's iron ore import volume has broken 10 million tons, reaching 10.11 million tons; in 2002, it broke 100 million tons, reaching 115 billion tons; in 2003, China's imports exceeded Japan. It became the world's largest importer of iron ore, with an import volume of 1.4818 billion tons. In 2004, China's imported iron ore broke 200 million tons, up to 208 million tons. In 2005, China's imported iron ore was again high, reaching 275 million tons. , an increase of 32.21% over the same period of 2004.
Imported ore production has been added year by year. Since 1985, China's iron ore imports have broken 10 million tons, reaching 10.11 million tons. In 2002, it broke 100 million tons, reaching 115 billion tons. In 2003, China's imports exceeded Japan and became the world's first import. In the big iron ore country, the import volume was 1.4818 billion tons; in 2004, China imported 200 million tons of iron ore, up to 208 million tons; in 2005, China's imported iron ore was again high, reaching 275 million tons, up from 2004. 32.21%. By August of this year, China's cumulative iron ore import volume was 250 million tons, up 14.5% year-on-year, and the average import price was 78.2 US dollars/ton, up 26.14% year-on-year; the cumulative import value was 19.613 billion US dollars, up 43.8% year-on-year.
Since 2007, the international dry bulk market has changed from a relatively low level of operation to a relatively low level in the same period. It has risen from time to time, not only on April 27, but also set a record high of 6208 points set in 2004 and created on May 15. The previous record was 6688 points, surpassing the previous record high of 7.7%. In July, it broke the 7000 mark, and in August it hit another record high. In terms of international iron ore sea freight, Brazil's market to China has been refreshed from time to time since 2007, and it has hit a record high of US$65/ton at the end of August.
The large import of iron ore is bound to increase the price of iron ore. It is a well-known enterprise in China's research and development and production of magnetic separation equipment. It does not forget its responsibility, and always has the principle of no one, no one, no one, no one, no one. Will be bigger and stronger in the industry.
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