Recently, the price per ton of iron ore has risen and is approaching... 80 The U.S. dollar has led the China Iron and Steel Association—representing the interests of Chinese steel companies (hereinafter referred to as CISA—to view this upward trend as unusual.

　　China Iron and Steel Association 2017 Annual rotating chairperson Jin Wei is... 1 Moon 13 The China Iron and Steel Association held on the day. 2018 At the annual board (expanded) meeting, it was stated that... “ Steel prices are falling rapidly, port inventories of iron ore are rising quickly, yet the import ore index is actually climbing fast, and import ore prices are surging rapidly. ”

　　2017 Year 12 Since last month, domestic steel prices have experienced a significant drop. Information agency “ My Steel ” The provided market report indicates that, 2018 In the first trading week of the year, the average price of mainstream rebar specifications in major markets across the country was... 4295 Yuan / Ton, down for the week 157 Yuan / Ton.

　　Steel prices have entered a downward trend, while the price of raw material iron ore continues to rise.

　　According to data from the China Iron and Steel Association, 2017 Year 12 At the end of the month, imported fine ore ( 62% Iron ore grade) CIF price is 70.02 U.S. dollar / Ton, up month-on-month 2.58 U.S. dollar / ton, the increase is 3.82% This year 1 Moon 12 Day, direct import of iron ore ( 62% ) The price delivered to shore is 73.45 U.S. dollar / Ton, monthly average 73.04 U.S. dollar / Ton.

　　China Iron and Steel Association 1 Moon 9 The analysis report released today points out that, judging from previous import volumes and port inventory levels, the iron ore market continues to be characterized by oversupply, making it difficult for prices to rise significantly in the coming period. Prices are likely to remain volatile instead.

　　General Administration of Customs of China 1 Moon 12 Data released today shows that China... 2017 Annual iron ore imports increased year-on-year. 5% To 10.75 100 million tons—a new record high.

　　But Jin Wei believes that, 2018 The supply and demand for steel are expected to remain broadly balanced this year, while iron ore will continue to face a situation of oversupply. “ With supply continuing to increase, port inventories repeatedly hitting new highs, and an expanding supply of scrap steel, there is no basis for iron ore prices to sustain their upward trend. ”

　　Jin Wei believes that the recent inversion in steel and iron ore prices is highly unusual and calls for close monitoring of iron ore price trends, while also reminding Chinese steel companies. “ Be clear-headed about this and don't follow the crowd in hyping it up. ”。

　　2017 This year, China imported 10.24 100 million tons of iron ore. The price trend of iron ore has been high in the first half and low in the second half, with an average price in the first quarter at... 85 U.S. dollar / More than tons, the average price for the second quarter was 62.9 U.S. dollar / Tons experienced a cliff-like decline, with a pullback in the third quarter. 70.77 U.S. dollar / tons; in the fourth quarter, it was affected by China's environmental protection policies restricting production. 62.63 U.S. dollar / Ton.

　　The China Metallurgical Mining Enterprises Association predicts that, 2018 China's iron ore imports are expected to be in... 11.2 Around 100 million tons. China’s dependence on imported iron ore has reached... 80% The above.

　　Iron ore produced domestically in China 2017 Before the new year 10 Moon raw ore is 10.82 100 million tons, up year-on-year 6% , expected 2017 The annual raw ore production is 13.2 100 million tons.

　　According to statistics from the China Metallurgical Mining Enterprises Association, 2017 In the first two months of the year, domestic raw ore production increased year-on-year. 15.3% ，3 Monthly increase 18% In the second quarter, the monthly growth rate dropped to single digits and remained at... 5% The following, 7、8 Two-month volume decrease 0.2% and 0.5% ，9、10 Monthly growth turns positive, yet remains 5% The following.

　　Due to higher iron ore prices in the first and third quarters of last year, 2017 Before the new year 10 Over the past month, the total profits of enterprises under key statistical monitoring by the China Metallurgical Mining Enterprises Association have shifted from losses in the previous year. 46.12 Yi turns profitable. 35.2 100 million yuan.

　　However, before last year 10 months, fixed-asset investment in metallurgical mines was 649 100 million yuan, down year-on-year 22.4% Although the decline has narrowed compared to the previous year, it still remains significant. 20% The above—according to the China Metallurgical Mining Enterprises Association—reflects a severe lack of investment confidence in the market, and fixed-asset investment in metallurgical mining has been declining consecutively. 43 A sharp decline over the past month.