Basis " bay China finance and economics is online " reported on April 4, in force develop, after need and needing develop minerals company issues announcement of newest reduction of output, iron ore price greets new tall. Iron ore is in become silent after time of a half moon, again open mad cattle prices. And England casts issue a warning immediately all right: Fasten glad too early, because Chinese demand decreases, iron ore still will welcome bigger challenge.
Iron ore price rises suddenly, the accepts generally logic on the market is the influence because of mine accident and near future soup, make iron ore price goes high continuously, but the factor that also has Chinese side on the other hand. Activity of Chinese manufacturing industry appeared Feburary a few months comes grow first, chinese steelworks is produced can rise, this also conduces to support price of its raw material. But iron ore value is such rocket, be meddlesome really?
In fact, tycoon of Australian iron ore already was in the situation of deficit. Supply a model to show according to newest iron ore, this year bay marine sales volume reduces iron ore 19 million, among them the sales volume of fresh water river valley dropped 44 million tons. From the point of Australia respect, force develop and need and need the crop of develop in all loss 15.5 million tons. Below so adverse circumstance, because China reduces demand in great quantities,prospective Australia still is met, face bigger difficult problem.
In recent years, china is Australia all the time the first iron ore exports a nation, occupy bay 60% what iron ore always speaks a volume. Association of Chinese iron and steel industry thinks, long-term stability is in mine price 60 dollars left and right sides is optimal, but Australian iron ore has soared nowadays to 93.08 dollars. China will reduce an import further, turn and search cheaper iron ore to supply a source, once lose Chinese market, australian economy will get deathblow.
Australia is coal exports China to suffer first be restricted, iron ore also should suffer disaster it seems that nowadays. All the time since Australia is exported through ore bonus of high specified number was won here from which, but be opposite time and again however in recent years Chinese " chilly " , be in China to United States of stand in line is returned on construction, australia suffers penalty nowadays, be afraid what will realize native economy is held in the palm this is Chinese blessing, united States of and rather than.
