Arab Today, arab today iron ore stockpiles rise in china\s ports
Last Updated : GMT 12:41:09
Arab Today, arab today
Arab Today, arab today

Iron ore stockpiles rise in China\'s ports

Arab Today, arab today

Arab Today, arab today Iron ore stockpiles rise in China\'s ports

Beijing - XINHUA

Iron ore stockpiles rose at 25 major Chinese ports during the week ending on Oct. 8, according to Xinhua's latest iron ore price report released on Tuesday. Inventories of imported iron ore at the ports stood at 101.64 million metric tons, up by 360,000 metric tons week on week. The price index for 63.5-percent-grade iron ore imports fell two points to hit 109 points during the period, while the index for 58-percent-grade imports also retreated two points to stand at 90 points, according to the report.The country's steel companies have been burdened with overcapacity and economic pressures since the start of the year, making them reluctant to replenish raw materials and leading to increasing stockpiles at ports. However, Xinhua analysts said confidence among steel producers will pick up and steel prices will likely rebound slightly in the short-term, as the country approved a series of infrastructure projects last month that will probably create huge demand for building materials including steel and cement. Along with increases in domestic steel prices, import prices of iron ore are also expected to rise slightly in the short-term, Xinhua analysts said in the report.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iron ore stockpiles rise in china\s ports Arab Today, arab today iron ore stockpiles rise in china\s ports

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iron ore stockpiles rise in china\s ports Arab Today, arab today iron ore stockpiles rise in china\s ports

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday