Page Views: 74 Date Added: 02/14/2012 Last Updated: 02/14/2012 Expiry Date: 02/11/2022 Product/Service Details Domestic iron and steel enterprises in the two squeeze "situation: on the one hand, the steel prices steadily fell; the three mines, on the other hand, the strict control of iron ore shipments at the same time, the use of its strong position in frequent cash tender , so that the domestic steel mills and traders to participate in mutual auction to the highest bidder, and then to push the high ore price. "Because of pricing is to rely on iron ore index around this index the price of the game has also become the focus." Insiders said that the tender of the three mines spot transaction price will formulate the basis of the iron ore index, therefore iron ore index pushed up prices because of the cash tender. China's steel industry's raw material costs, because the domestic steel producers the ability to pass on price increases for iron ore is not strong. China's steel market demand is not strong, we placed great hopes on the protection of housing construction projects, in fact, the role of increase in demand for steel is not obvious. According to estimates, the protection of housing construction projects average monthly demand for steel over 90 million tons, equivalent to the daily demand is 30,000 tons and a little more up to 1.94 million tons, while the average daily production of iron and steel enterprises in China in May . On this basis, to protect the steel production of housing construction project on the demand for steel products accounted for only 1.55%, so negligible role in boosting steel demand. http://www.china-xingbang.com/12.html http://www.china-xingbang.com/18.html http://www.chinazhongke.net/Beneficiation-Equipment/11.html http://www.chinazhongke.net/Grinding-mill/82.html http://www.chinazhongke.net/Crusher-Series/44.html

Company Information (Zhongke Mining Equipment Co.,Ltd)

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