China's steel prices may rise due to rising iron ore prices
发布时间:[2021-4-20 9:26:52] 浏览量:671次
Recently, China's iron ore futures contract kept rising, causing imported stock market quotations to keep rising as well. Market participants said that steel prices might go up continuously.
Since the beginning of this year, the iron ore supply was better than the same period of last year, learning from loading ports or the port inventory situation.
Under this situation, the iron ore futures also increased because the steel prices hiked quickly to support steel mills' profit, which was also an important factor to support raw material prices of steel
