2011 domestic iron ore production forecast
2010 1-November, the total output of 970 million tons of iron ore, up 22.9%, considering the energy conservation and emission reduction, and winter air temperature is too low to the north unfavorable influences of the mining operations in December,pressure filter the iron ore production will annulus comparing declined, the annual iron ore production is expected in 1.065 billion tons, an increase of 21.1%.
In previous years production history, 1.065 billion tons of already historic highs, combined with countries carry out this year to tighten monetary policy to the negative influence of investment to see, 2011 mining investment growth will be eased, accordingly,shaking table iron ore production growth rate will decreases, is expected to about 7-9%.
"2011 domestic iron ore supply and demand forecasting
According to the joint metal nets to predict, 2011 national iron ore production is about 1.15 billion tons, amount to finished product yield is about 411 million tons of ore, and at the same time, annual iron ore imports of about 710 million tons, because total iron ore supply will in all year around 1.121 billion tons. We also are expected, in 2011 the pig iron output will reach 625 million tons, or about 1 billion tons of iron ore demand for iron ore, more than 121 million tons of supplies will demand.
Considering the size of the steel mills, domestic port container and domestic mining the mill in aspects of circulation produced in iron ore inventory factors, 2011 iron ore resources supply and demand balance overall basic, but still don't rule out some time for national policy, the weather caused by factors such as the local area in the iron ore resources tight situation.
"2011 domestic iron ore prediction
Although in the process of the global economic recovery,sand mining the international trade barriers, the appreciation of the renminbi, a series of factors on Chinese export commodities produced certain negative impact, steel products is no exception, but as the slow economic recovery, next year in China in steel exports is to keep a modest increase, and in the course of urbanization in our country are considerable steel demand, relative 2010 for, 2011 domestic steel price overall level or to further improve.
Throughout the year, domestic steel price overall present "N" type situation, and steel price rise in the late in the process, and the terminal is not very strong demand, the price of steel is still mainly rising from the coke, ore, etc raw material prices caused by the rising cost of push. And at the same time, the rise in steel price and to some extent the rise in the price of mine has had certain support role.
Steel price and ore price will push each in 2011 continues. In iron ore supply and demand under the background of basic balance, eliminate stage fluctuations, overall, 2011 steel price and the price will be mine basic maintain similar trends, that in 2010 the overall level of small has improved.
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