It is reported that the Australian government recently expects... 2019-2020 The fiscal year's iron ore export volume will decrease from 2017-2018 Fiscal year 8.49 From 100 million tons to 8.78 hundred million tons, while 2018 Year 1-8 China's imports of iron ore and its concentrates in the month were 7.1 100 million tons, down year-on-year 0.5% 。2018 Supplies from the four major mines have all been increasing this year, but due to policy reasons in India and the impact of economic sanctions on Iran, shipments have declined, leading to a situation where... 8 China's iron ore imports slightly decreased this month.

　　According to statistics from Zhuochuang Information, as of... 9 At the end of the month, shipments from Australia to China increased year-on-year. 6.17% Brazil’s global shipments increased year-on-year. 8.02% However, Vale of Brazil saw a decline in shipments to China during the first half of the year, only picking up momentum in the second half. From the demand perspective, despite frequent production restrictions imposed in various regions, 1-8 Monthly crude steel production rose year-on-year. 5.8% Moreover, according to calculations by Zhuochuang Information, the average weekly consumption of iron ore in northern regions during the first three quarters was... 1000 Around 10,000 tons—overall demand for ore remains stable, and port inventories have also fallen to their lowest level of the year.

　　It is worth noting that starting in the fourth quarter, steel mills will gradually implement production restrictions during the heating season. Although the detailed rules for these restrictions have not yet been finalized, it is still difficult to quantify the specific impact on ore demand. However, to meet the annual shipment targets, Rio Tinto will increase its shipments, and shipments from other mines—including Vale—will also remain at high levels. As a result, iron ore inventories at ports may accumulate in the later period, which could exert some downward pressure on prices. “ Mineral prices are expected to remain in a narrow trading range in the fourth quarter and may find it difficult to break through. 70 Dollar ceiling. ” Yu Mingjing, an iron ore analyst at Zhuochuang Information, said.