久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Industries

Iron ore stocks hit record high

By Du Juan (China Daily) Updated: 2012-07-20 09:36

Iron ore inventories in China reached a record high of about 100 million metric tons due to shrinking downstream demand, but major global suppliers are still increasing output.

Iron ore stocks hit record high

The 30 major ports in China have total iron ore stocks of 97.92 million tons, according to figures from mysteel.com, a steel industry information provider.

High stocks and declining prices have increased the risks for iron ore traders, who are facing increasing financial pressure to repay loans. Meanwhile, steel factories are more cautious when purchasing raw materials.

However, China still imported 58.31 million tons of iron ore in June, a slight decline compared with the 63.84 million tons imported in May.

"China has always played the role of savior of foreign iron ore miners," said Zhang Lin, senior analyst at the Lange Steel Information Research Center. "The steel market is weak, which leads to falling iron ore prices. However, the price is not below $100 yet."

China's stable imports of large quantities of iron ore may be the source of the foreign giant miners' confidence, Zhang said.

Rio Tinto Plc said on Tuesday that the company had a record-high output of 120 million tons of iron ore in the first half of the year, up 4 percent year-on-year. The company estimated that it will produce 250 million tons of iron ore in 2012.

BHP Billiton Ltd, another giant mining company, said on Wednesday that its iron ore output in June increased 15 percent to 40.9 million tons.

It said it will have a total output of 159 million tons this year, also a record figure for the company. BHP Billiton is making efforts to achieve its annual output target of 220 million tons in 2014.

Fortescue Metals Group, the third-largest Australian iron ore producer, said its output increased 54.7 percent to 19.16 million tons in the second quarter. The company plans to sell 55.8 million tons of iron ore in the 2011-2012 fiscal year, a 40 percent year-on-year increase.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品精品国产高清a毛片 | 国产精品亚洲一区二区三区久久 | 日本在线观看免费视频 | 中文字幕一区在线播放 | 免费韩国一级毛片 | 免费看欧美xxx片 | 国产精品88 | 国产成人精品曰本亚洲 | 91欧美一区二区三区综合在线 | 一级欧美毛片成人 | 日韩一区二区在线播放 | 亚洲精品三级 | 欧美三级成人观看 | 亚洲精品一区二区三区www | 欧美一级免费大片 | 欧美日韩一区二区高清视 | 国产三级在线播放线 | 在线看片中文字幕 | 成a人v | 性做久久久久久久免费看 | 手机午夜看片 | 欧美精品在欧美一区二区 | 韩国日本一级毛片免费视频 | 精品国产亚洲人成在线 | 精品国产三级在线观看 | 91小视频在线观看免费版高清 | 中文字幕在线视频精品 | 正在播放国产大学生情侣 | 正在播放的国产a一片 | 老头巨大粗长xxxxx | 91大神大战丝袜美女在线观看 | 九草在线视频 | 一级伦理电线在2019 | 日本欧美一级二级三级不卡 | 国产成人精品亚洲日本语音 | 日韩一级影片 | 国产亚洲精品免费 | 欧美成人香蕉网在线观看 | 免费人成在线观看网站品爱网 | 中国精品视频一区二区三区 | 在线a网站 |