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Ministry of Industry and Information Technology Raw Material Industry Department opened 2018 Iron Ore Operation Work Meeting

Ministry of Industry and Information Technology Raw Material Industry Department opened 2018 Iron Ore Operation Work Meeting

 

According to the information of Ministry of Industry and Information on December 4, on November 29, 2018, Ministry of Industry and Information Technology Raw Material Industry Department opened 2018 Iron Ore Operation Work Meeting in Beijing. The attenders included China Iron and Steel Industry Association, China Chamber of Commerce for Metallurgical Enterprises, China Metallurgical Industry Planning and Research Institute, China Baowu Steel Group Corporation Limited, Ansteel Group Corporation Limited, Shougang Group, HBIS Group Co., Ltd., Shanxi Jianbang Group Co., Ltd., Shandong Chuanyang Group Co., Ltd., CITIC Metal Co., Ltd., Dalian Commodity Exchange and Beijing Iron Ore Trading Center Corporation, etc.

 

At the meeting, the representatives introduced the situation of the market operation, enterprise production and operation about Iron Ore market of the current year, discussed the iron ore pricing system and platform operation situation of spot goods and future goods, proposed the problems and suggestion to the pricing system, estimated the iron ore market tendency in future.

 

Generally speaking, the iron ore market operation in this year is more stable than the former years and the price is within a reasonable range. The meeting required the conventioners to enhance the communication, improve the iron ore pricing system, take fully advantages of the existing platform to have long-term cooperation, promoting the continuous development of iron ore market.