Recently, a cargo ship from Romania was docked at the general terminal of Caofeidian, carrying 56,000 tons of iron ore. This is the first time that Caofeidian Port has welcomed Romanian iron ore.
This is not only a microcosm of China's iron ore import diversification, but also clearly shows that the global economic weakness has led to a sluggish demand for steel in European countries, and more European miners will export more iron ore to China.
However, China's iron ore demand is also sluggish. The situation of loss and meager profit has forced Chinese steel mills to take small batches and multiple batches of operations, and strictly control the cost of purchasing materials. This has made the competition among the miners including the Big Three more intense in China.
The reporter learned from the Hebei Entry-Exit Inspection and Quarantine Bureau that as of June, the country of origin of iron ore imported from the Caofeidian office had increased to 29. At present, in addition to mainstream mines such as Australia, Brazil, India and Peru, iron ore from Japan, Sierra Leone, Honduras and Romania are also gradually increasing.
According to data provided by Vale, China imported 690 million tons of iron ore in 2011, of which 300 million tons were imported from Australia and 130 million tons were supplied by Vale.
At present, Baosteel and other leading steel mills have significantly lowered the ex-factory price of their products in July, and most of them think that there is still room for decline in the later market.
“Domestic steel mills have not taken the initiative, and still maintain the principle of low price and low mining for iron ore and other raw materials. Therefore, the actual transaction volume in the market has not changed much.†On June 14, some people in the industry said that At present, iron ore stocks of steel mills have remained at low levels.
In his view, the current price is only picking up the Australian mine, and the cost of the Australian mine is higher than that of other countries. The other domestic mines are very calm. "The price has risen, it is virtual, and it has not continued. Strong strength."
In fact, under the weak demand, the game between steel mills and traders is more subtle, and the competition among the miners who are selling iron ore in China is more obvious.
In the view of the top executives of a large trading company in the north, at present, the Chinese side requires miners to delay the delivery of goods. “The behavior of some traders is often the result, and steel mills will continue to ship at normal speed.â€
Some experts told reporters that the three major miners have high and low grades in iron ore quality. The fundamental difference is not big. At this time, the price is the price. "Although steel mills and miners may have signed long-term contracts for four or five years, I don't think the price and quantity are certain. If the price is not low enough, the steel mill will give up the second place. The high sea freight rate in the Vale is a hard injury."
The reporter interviewed that the current domestic steel mills are not willing to purchase, and there are many steel mills that purchase low-priced cargo for hedging costs. These low-priced cargoes are mainly from non-mainstream ore in Indonesia, Iran, Malaysia and other places. .
However, some insiders believe that this situation may not be sustainable. “The iron ore inventory of steel mills is obviously lower than that of the same period of last year. Once the market situation improves, there will be demand for replenishment, which may lead to a slight increase in the price of imported ore.â€
Pneumatic Fluorine Lined Control Valve
Pneumatic fluorine lined control valve,fluorine lined control valve Pneumatic,Pneumatic Valve series
Jiangsu Tanggong Automatic Control Equipment Co., Ltd. , https://www.tgcontrolequipment.com