iron ore price 58 fe
Iron ore price 58 fe as an average grade iron ore, depending on the conditions of a large consumer market such as China, it may experience a change over a period of one year.
The price of iron ore in China for high-grade iron ore, if the restrictions imposed by the Chinese government on air pollution control have increased, will increase due to increased demand for this product. But sometimes other issues also matter. This is related to the profit margin of steel makers. Reducing the profit margin of steel makers, along with the escalation of restrictions, may make it hard for steelmakers. In this case, some steelmakers will be more welcome than this because of the more balanced iron ore price 58 fe (average grade iron ore).
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Perhaps the reasons for the fluctuation of the steelmakers’ margin would be questionable to you. This happens when the supply of steel products is more than market demand. In this case, due to the abundance and low demand of the purchase, we often see a drop in steel price in the market. This will reduce the profit margins of steel makers. In such a situation, most steel makers are looking to buy iron ore at lower prices.
Iron ore price 62 fe
Iron ore fines 62 is the highest quality iron ore fines. In the event of aggravation of the limits and suitability of margin profits in the case of the purchase of high-grade iron ore, steel makers are more likely to receive this quality.
Iron ore has a purity of 54 to 62 percent. Iron ore with iron more than 60 percent, iron ore is high purity. With 57-59% iron as average purity iron ore. Also iron ore with iron is 54 to 57 percent as a low purity rock.
Contact information for inquiry of inventory day and iron ore prices:
Simurgh iron & steel company
Address: Iran, Tabriz & Esfahan
Tell (Whats app & Skype): +989146602486